Numis Securities upgraded shares of Polar Capital (LON:POLR) to a buy rating in a report released on Wednesday morning. The brokerage currently has GBX 600 ($8.29) target price on the stock, up from their previous target price of GBX 590 ($8.15).
Several other research analysts also recently issued reports on the company. Peel Hunt reaffirmed a buy rating and set a GBX 560 ($7.74) price objective on shares of Polar Capital in a report on Thursday, January 11th. Shore Capital reaffirmed a hold rating on shares of Polar Capital in a report on Monday, December 11th. Investec reaffirmed a hold rating and set a GBX 510 ($7.05) price objective on shares of Polar Capital in a report on Monday, December 11th. Finally, Canaccord Genuity reaffirmed a buy rating and set a GBX 555 ($7.67) price objective on shares of Polar Capital in a report on Wednesday, December 6th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Polar Capital has an average rating of Buy and an average target price of GBX 542 ($7.49).
Polar Capital (LON:POLR) opened at GBX 492 ($6.80) on Wednesday. Polar Capital has a 1-year low of GBX 329 ($4.55) and a 1-year high of GBX 564 ($7.79). The stock has a market capitalization of $459.27 and a price-to-earnings ratio of 2,460.00.
About Polar Capital
Polar Capital Holdings plc is an investment management company. The Company is engaged in the provision of investment management and advisory services. The Company offers professional and institutional investors a range of geographical and sector investment opportunities. The Company offers fundamental funds diversified by asset class, geographical, sectoral specialization, strategy and structure.
Receive News & Ratings for Polar Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polar Capital and related companies with MarketBeat.com's FREE daily email newsletter.