Polar Capital (LON:POLR) Price Target Raised to GBX 1,250

Polar Capital (LON:POLR) had its price target boosted by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 1,050 to GBX 1,250 in a note issued to investors on Monday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 42.21% from the stock’s previous close.

Separately, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 670 price objective on shares of Polar Capital in a research note on Tuesday, April 7th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Polar Capital has an average rating of “Buy” and a consensus price target of GBX 848.33.

Polar Capital Trading Up 4.6%

Shares of LON POLR opened at GBX 879 on Monday. Polar Capital has a twelve month low of GBX 420 and a twelve month high of GBX 896. The stock has a fifty day simple moving average of GBX 696.25 and a 200-day simple moving average of GBX 619.82. The stock has a market capitalization of £833.02 million, a PE ratio of 21.98, a PEG ratio of 0.79 and a beta of 0.90.

About Polar Capital

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.