Shore Capital Reaffirms “Buy” Rating for Polar Capital Holdings plc (POLR)
Polar Capital Holdings plc (LON:POLR)‘s stock had its “buy” rating reaffirmed by stock analysts at Shore Capital in a note issued to investors on Thursday. They presently have a GBX 289 ($3.58) target price on the stock. Shore Capital’s target price suggests a potential upside of 0.09% from the stock’s previous close.
POLR has been the subject of a number of other reports. Canaccord Genuity restated a “buy” rating and set a GBX 385 ($4.76) target price on shares of Polar Capital Holdings plc in a report on Monday, August 1st. Peel Hunt restated an “add” rating and set a GBX 355 ($4.39) target price on shares of Polar Capital Holdings plc in a report on Monday, September 19th. Finally, Numis Securities Ltd raised their target price on Polar Capital Holdings plc from GBX 305 ($3.77) to GBX 310 ($3.84) and gave the company a “hold” rating in a report on Wednesday, October 5th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 356.80 ($4.42).
Shares of Polar Capital Holdings plc (LON:POLR) opened at 290.00 on Thursday. Polar Capital Holdings plc has a 12-month low of GBX 262.00 and a 12-month high of GBX 433.00. The company has a 50 day moving average price of GBX 307.36 and a 200 day moving average price of GBX 318.61. The company’s market capitalization is GBX 261.40 million.
Polar Capital Holdings plc Company Profile
Polar Capital Holdings plc is a United Kingdom-based investment management company. The Company offers professional and institutional investors a range of fundamental research-driven funds diversified by asset class, geographical and sectoral specialization. The Company provides research driven specialist investment products across long only, long bias, equity long/short and other fundamentally driven hedge fund strategies.
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