Polar Capital (LON:POLR) Issues Quarterly Earnings Results

Polar Capital (LON:POLR) released its earnings results on Monday. The company reported GBX 21.10 EPS for the quarter, Digital Look Earnings reports. Polar Capital had a net margin of 19.65% and a return on equity of 32.10%.

Polar Capital Trading Up 0.5%

POLR opened at GBX 530.42 on Tuesday. The firm has a market cap of £508.50 million, a price-to-earnings ratio of 14.69, a PEG ratio of 0.79 and a beta of 1.14. Polar Capital has a 12 month low of GBX 340.50 and a 12 month high of GBX 590. The stock has a fifty day moving average price of GBX 523.34 and a 200-day moving average price of GBX 478.05.

Analyst Ratings Changes

A number of brokerages recently weighed in on POLR. Deutsche Bank Aktiengesellschaft upped their target price on shares of Polar Capital from GBX 600 to GBX 625 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Peel Hunt boosted their price objective on shares of Polar Capital from GBX 510 to GBX 625 and gave the company a “buy” rating in a research report on Friday, October 10th. Finally, Royal Bank Of Canada increased their price target on Polar Capital from GBX 560 to GBX 640 and gave the stock an “outperform” rating in a report on Friday, October 3rd. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 630.

Polar Capital Company Profile