Polar Capital (LON:POLR) Price Target Raised to GBX 750 at Deutsche Bank Aktiengesellschaft

Polar Capital (LON:POLR) had its target price boosted by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 700 to GBX 750 in a note issued to investors on Friday,Digital Look reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 20.39% from the stock’s previous close.

Several other research firms have also commented on POLR. Peel Hunt lifted their price target on shares of Polar Capital from GBX 510 to GBX 625 and gave the company a “buy” rating in a research report on Friday, October 10th. Royal Bank Of Canada upped their price target on Polar Capital from GBX 650 to GBX 670 and gave the company an “outperform” rating in a research note on Monday. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 681.67.

Polar Capital Stock Performance

Shares of LON POLR traded down GBX 2 during trading on Friday, hitting GBX 623. 1,140,456 shares of the company were exchanged, compared to its average volume of 533,020. The company has a fifty day moving average price of GBX 538.97 and a 200-day moving average price of GBX 511. The firm has a market capitalization of £597.26 million, a PE ratio of 15.58, a P/E/G ratio of 0.79 and a beta of 1.14. Polar Capital has a 12-month low of GBX 340.50 and a 12-month high of GBX 639.

Polar Capital (LON:POLR) last announced its quarterly earnings data on Tuesday, November 25th. The company reported GBX 21.10 earnings per share (EPS) for the quarter. Polar Capital had a net margin of 19.65% and a return on equity of 32.10%. Research analysts anticipate that Polar Capital will post 42.5061425 earnings per share for the current fiscal year.

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.