Polar Capital (POLR) Rating Reiterated by Peel Hunt

Peel Hunt reissued their buy rating on shares of Polar Capital (LON:POLR) in a research note issued to investors on Monday morning, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also recently issued reports on the stock. Numis Securities reissued an add rating and set a GBX 615 ($8.04) target price on shares of Polar Capital in a report on Monday, April 15th. Shore Capital lowered their target price on shares of Polar Capital from GBX 750 ($9.80) to GBX 630 ($8.23) and set a buy rating on the stock in a report on Thursday, January 10th.

Shares of POLR stock opened at GBX 587.20 ($7.67) on Monday. Polar Capital has a 1 year low of GBX 447 ($5.84) and a 1 year high of GBX 738 ($9.64). The firm has a market cap of $561.75 million and a price-to-earnings ratio of 12.44.

In other Polar Capital news, insider Brian J. D. Ashford-Russell sold 150,000 shares of the business’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of GBX 510 ($6.66), for a total transaction of £765,000 ($999,608.00).

Polar Capital Company Profile

Polar Capital Holdings plc is a publicly owned investment 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 December 2000 and is based in London, United Kingdom with an additional office in Tokyo, Japan.

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