Polar Capital Holdings plc (POLR) Given “Buy” Rating at Canaccord Genuity
Canaccord Genuity reissued their buy rating on shares of Polar Capital Holdings plc (LON:POLR) in a research note released on Thursday morning. They currently have a GBX 385 ($4.76) price target on the stock.
Several other research analysts also recently issued reports on POLR. Peel Hunt reiterated an add rating and set a GBX 395 ($4.89) price target on shares of Polar Capital Holdings plc in a report on Tuesday, June 21st. Shore Capital reiterated a buy rating on shares of Polar Capital Holdings plc in a report on Friday, June 24th. Finally, Numis Securities Ltd reiterated a hold rating and set a GBX 300 ($3.71) price target on shares of Polar Capital Holdings plc in a report on Thursday, July 14th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Polar Capital Holdings plc currently has an average rating of Hold and a consensus price target of GBX 356.80 ($4.42).
Shares of Polar Capital Holdings plc (LON:POLR) traded up 0.26% during mid-day trading on Thursday, hitting GBX 289.75. The stock had a trading volume of 38,037 shares. Polar Capital Holdings plc has a 1-year low of GBX 262.00 and a 1-year high of GBX 433.00. The firm’s 50 day moving average price is GBX 306.84 and its 200 day moving average price is GBX 318.40. The company’s market cap is GBX 261.18 million.
About Polar Capital Holdings plc
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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