Pollen Street Group (LON:POLN) Stock Price Up 0.6% – Time to Buy?

Pollen Street Group Limited (LON:POLN)’s stock price was up 0.6% during mid-day trading on Wednesday . The company traded as high as GBX 734 and last traded at GBX 728. Approximately 52,478 shares traded hands during trading, a decline of 54% from the average daily volume of 112,971 shares. The stock had previously closed at GBX 724.

Analysts Set New Price Targets

Separately, Panmure Gordon reissued a “buy” rating and set a GBX 1,120 target price on shares of Pollen Street Group in a research report on Wednesday, November 19th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 1,072.

Pollen Street Group Price Performance

The company has a market cap of £434.27 million, a price-to-earnings ratio of 8.28 and a beta of 0.05. The company’s 50-day simple moving average is GBX 861.95 and its 200-day simple moving average is GBX 895.60.

About Pollen Street Group

Pollen Street was founded in 2013. It is a listed alternative asset manager dedicated to the financial and business services sectors. Pollen Street has complementary activities in managing third-party assets (as an asset manager) and on-balance sheet investments (as an investment company), delivering growth through dedicated private equity and credit strategies.