Berenberg Bank Raises Pollen Street Group (LON:POLN) Price Target to GBX 1,100

Pollen Street Group (LON:POLN) had its price objective increased by research analysts at Berenberg Bank from GBX 1,050 to GBX 1,100 in a report issued on Friday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price points to a potential upside of 33.82% from the stock’s previous close.

Pollen Street Group Stock Performance

Pollen Street Group stock opened at GBX 822 on Friday. Pollen Street Group has a one year low of GBX 633.98 and a one year high of GBX 972. The stock has a fifty day moving average of GBX 839.06 and a 200 day moving average of GBX 889.11. The stock has a market cap of £490.35 million, a PE ratio of 9.35 and a beta of 0.05.

Pollen Street Group (LON:POLN) last announced its earnings results on Thursday, March 26th. The company reported GBX 93.70 earnings per share (EPS) for the quarter. Pollen Street Group had a return on equity of 9.28% and a net margin of 50.55%. As a group, sell-side analysts predict that Pollen Street Group will post 70.0302725 EPS for the current fiscal year.

Pollen Street Group Company Profile

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.