Polar Capital (LON:POLR) Given New GBX 750 Price Target at Deutsche Bank Aktiengesellschaft

Polar Capital (LON:POLR) had its target price raised by Deutsche Bank Aktiengesellschaft from GBX 700 to GBX 750 in a report issued on Friday morning,Digital Look reports. The firm currently has a buy rating on the stock.

Several other equities analysts have also issued reports on the company. Peel Hunt raised their target price on shares of Polar Capital from GBX 510 to GBX 625 and gave the company a “buy” rating in a research note on Friday, October 10th. Royal Bank Of Canada raised their price objective on Polar Capital from GBX 650 to GBX 670 and gave the stock an “outperform” rating in a research report on Monday. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 681.67.

Polar Capital Trading Down 0.3%

Shares of POLR traded down GBX 2 during trading hours on Friday, reaching GBX 623. 1,140,456 shares of the company traded hands, compared to its average volume of 533,020. The firm has a market cap of £597.26 million, a price-to-earnings ratio of 15.58, 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 639. The stock’s fifty day moving average price is GBX 538.97 and its 200 day moving average price is GBX 511.

Polar Capital (LON:POLR) last released its quarterly earnings data on Tuesday, November 25th. The company reported GBX 21.10 earnings per share (EPS) for the quarter. Polar Capital had a net margin of 19.65% and a return on equity of 32.10%. On average, research analysts forecast that Polar Capital will post 42.5061425 earnings per share for the current year.

About Polar Capital

Polar Capital Holdings plc is a publicly owned specialist, investment-led, active fund 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 2001 and is based in London, United Kingdom.