Polar Capital (LON:POLR) Earns “Buy” Rating from Peel Hunt

Polar Capital (LON:POLR)‘s stock had its “buy” rating reiterated by Peel Hunt in a report released on Monday, Digital Look reports. They currently have a GBX 1,200 price objective on the stock. Peel Hunt’s target price indicates a potential upside of 57.27% from the stock’s previous close.

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

Polar Capital Stock Performance

LON:POLR opened at GBX 763 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. Polar Capital has a twelve month low of GBX 508 and a twelve month high of GBX 990. The company has a fifty day moving average of GBX 841.57 and a 200-day moving average of GBX 809.31. The firm has a market capitalization of £718.63 million, a P/E ratio of 12.89, a P/E/G ratio of 0.79 and a beta of 0.92.

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.