Polar Capital’s (POLR) Buy Rating Reiterated at Peel Hunt
A number of other research analysts also recently weighed in on the company. Shore Capital raised Polar Capital to a buy rating in a research note on Thursday, October 11th. Numis Securities reaffirmed an add rating and set a GBX 530 ($6.93) price target on shares of Polar Capital in a research note on Thursday, January 3rd. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Polar Capital currently has an average rating of Buy and a consensus price target of GBX 596 ($7.79).
POLR stock opened at GBX 480 ($6.27) on Wednesday. Polar Capital has a fifty-two week low of GBX 329 ($4.30) and a fifty-two week high of GBX 564 ($7.37).
In other Polar Capital news, insider Brian J. D. Ashford-Russell sold 250,000 shares of the business’s stock in a transaction that occurred on Thursday, January 10th. The stock was sold at an average price of GBX 485 ($6.34), for a total transaction of £1,212,500 ($1,584,346.01). Also, insider John Mansell sold 398,783 shares of the business’s stock in a transaction that occurred on Monday, January 28th. The stock was sold at an average price of GBX 452 ($5.91), for a total value of £1,802,499.16 ($2,355,284.41).
About Polar Capital
Polar Capital Holdings plc is a publicly owned investment manager. The firm provides its services to professional and institutional investors. It launches and manages equity and balanced mutual funds. The firm also launches and manages hedge funds for its clients. Polar Capital Holdings plc was founded in December 2000 and is based in London, United Kingdom with an additional office in Tokyo, Japan.
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