Pollen Street Group (LON:POLN) Shares Climb 0.4% – Here’s Why

Pollen Street Group Limited (LON:POLN) shares rose 0.4% on Thursday. The company traded as high as GBX 956 and last traded at GBX 942. 158,814 shares traded hands during trading, a decline of 37% from the average session volume of 250,686 shares. The stock had previously closed at GBX 938.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 1,320 price target on shares of Pollen Street Group in a report on Wednesday, September 16th. Three research analysts have rated the stock with a Buy rating. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of GBX 1,162.

Pollen Street Group Stock Performance

The company has a market capitalization of £550.68 million, a P/E ratio of 11.52 and a beta of 0.02. The firm has a 50 day moving average price of GBX 884.41 and a two-hundred day moving average price of GBX 854.33.

Pollen Street Group (LON:POLN) last posted its earnings results on Tuesday, September 15th. The company reported GBX 33.30 EPS for the quarter. Pollen Street Group had a return on equity of 8.17% and a net margin of 47.90%. On average, equities analysts expect that Pollen Street Group Limited will post 70.03 earnings per share for the current year.

About Pollen Street Group

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.