Pollen Street Group (LON:POLN) Stock Price Up 1.1% – Here’s Why

Pollen Street Group Limited (LON:POLN) shares rose 1.1% during mid-day trading on Tuesday . The company traded as high as GBX 855 and last traded at GBX 845. Approximately 30,682 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 315,274 shares. The stock had previously closed at GBX 836.

Wall Street Analyst Weigh In

Separately, Berenberg Bank boosted their target price on shares of Pollen Street Group from GBX 1,050 to GBX 1,100 and gave the company a “buy” rating in a research report on Friday, March 27th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Pollen Street Group has an average rating of “Buy” and an average target price of GBX 1,088.67.

Pollen Street Group Stock Performance

The company has a market capitalization of £503.28 million, a P/E ratio of 9.02 and a beta of 0.01. The stock has a fifty day moving average of GBX 834.21 and a 200 day moving average of GBX 871.54.

Pollen Street Group (LON:POLN) last issued its quarterly earnings results on Thursday, March 26th. The company reported GBX 93.70 EPS for the quarter. Pollen Street Group had a return on equity of 9.58% and a net margin of 53.91%. Research analysts anticipate that Pollen Street Group Limited will post 70.0302725 EPS for the current fiscal year.

Pollen Street Group Company Profile

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.