Polar Capital (LON:POLR)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Monday. They presently have a GBX 590 ($8.15) price objective on the stock. Berenberg Bank’s target price points to a potential upside of 21.65% from the company’s previous close.
POLR has been the subject of a number of other research reports. Peel Hunt restated a “buy” rating and set a GBX 560 ($7.74) price target on shares of Polar Capital in a research note on Thursday, December 14th. Numis Securities restated an “add” rating and set a GBX 590 ($8.15) price target on shares of Polar Capital in a research note on Friday, February 2nd. Canaccord Genuity restated a “buy” rating and set a GBX 555 ($7.67) price target on shares of Polar Capital in a research note on Tuesday, December 19th. Shore Capital restated a “hold” rating on shares of Polar Capital in a research note on Monday, December 11th. Finally, Investec reiterated a “hold” rating and issued a GBX 510 ($7.05) target price on shares of Polar Capital in a research note on Monday, December 11th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Polar Capital currently has a consensus rating of “Buy” and a consensus price target of GBX 550 ($7.60).
Polar Capital (LON POLR) opened at GBX 485 ($6.70) on Monday. The company has a market cap of $443.40 and a PE ratio of 2,425.00. Polar Capital has a one year low of GBX 329 ($4.55) and a one year high of GBX 564 ($7.79).
ILLEGAL ACTIVITY NOTICE: This piece of content was first published by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece of content can be accessed at https://www.americanbankingnews.com/2018/03/12/polar-capital-polr-given-buy-rating-at-berenberg-bank.html.
Polar Capital Company Profile
Polar Capital Holdings plc is an investment management company. The Company is engaged in the provision of investment management and advisory services. The Company offers professional and institutional investors a range of geographical and sector investment opportunities. The Company offers fundamental funds diversified by asset class, geographical, sectoral specialization, strategy and structure.
Receive News & Ratings for Polar Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polar Capital and related companies with MarketBeat.com's FREE daily email newsletter.