Pollen Street Group (LON:POLN) Trading Up 1.1% – Time to Buy?

Pollen Street Group Limited (LON:POLN)’s stock price rose 1.1% on Tuesday . The company traded as high as GBX 855 and last traded at GBX 845. Approximately 30,682 shares traded hands during trading, a decline of 90% from the average daily volume of 315,274 shares. The stock had previously closed at GBX 836.

Wall Street Analyst Weigh In

Separately, Berenberg Bank upped their target price on Pollen Street Group from GBX 1,050 to GBX 1,100 and gave the stock a “buy” rating in a research report on Friday, March 27th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 1,088.67.

Pollen Street Group Stock Performance

The stock has a market cap of £500.56 million, a P/E ratio of 8.97 and a beta of 0.01. The business has a 50 day simple moving average of GBX 839.38 and a 200-day simple moving average of GBX 870.82.

Pollen Street Group (LON:POLN) last announced its quarterly earnings data 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 9.58% and a net margin of 53.91%. On average, sell-side analysts predict that Pollen Street Group Limited will post 70.0302725 earnings per share for the current fiscal year.

About Pollen Street Group

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.