Polar Capital (LON:POLR) Stock Rating Reaffirmed as “Buy” by Peel Hunt

Polar Capital (LON:POLR)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a research report issued to clients and investors on Monday, Digital Look reports. They currently have a GBX 1,200 price objective on the stock. Peel Hunt’s price objective indicates a potential upside of 58.14% from the company’s previous close.

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

Polar Capital Trading Up 0.9%

Shares of POLR opened at GBX 758.80 on Monday. The company has a debt-to-equity ratio of 2.69, a current ratio of 2.53 and a quick ratio of 2.45. Polar Capital has a 1 year low of GBX 508 and a 1 year high of GBX 990. The company has a 50 day simple moving average of GBX 841.57 and a two-hundred day simple moving average of GBX 809.31. The firm has a market cap of £714.68 million, a P/E ratio of 12.82, a price-to-earnings-growth ratio of 0.79 and a beta of 0.92.

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.