Polar Capital’s (POLR) “Buy” Rating Reaffirmed at Peel Hunt

Polar Capital (LON:POLR)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a research report issued to clients and investors on Monday, Digital Look reports. They presently have a GBX 1,200 price objective on the stock. Peel Hunt’s target price indicates a potential upside of 59.57% from the stock’s current price.

Other research analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft upgraded Polar Capital to a “buy” rating and lifted their price target for the stock from GBX 1,150 to GBX 1,200 in a research report on Friday, October 2nd. Royal Bank Of Canada upped their price objective on Polar Capital from GBX 670 to GBX 1,260 and gave the company an “outperform” rating in a research report on Monday, July 6th. Three equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 1,220.

Polar Capital Price Performance

Shares of POLR stock opened at GBX 752 on Monday. The company has a quick ratio of 2.45, a current ratio of 2.53 and a debt-to-equity ratio of 2.69. The stock has a market cap of £708.27 million, a P/E ratio of 12.70, a PEG ratio of 0.79 and a beta of 0.92. Polar Capital has a 52 week low of GBX 508 and a 52 week high of GBX 990. The company’s fifty day simple moving average is GBX 839.37 and its two-hundred day simple moving average is GBX 808.91.

Polar Capital Company Profile

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.