Peel Hunt Reiterates Buy Rating for Polar Capital (POLR)

Peel Hunt reaffirmed their buy rating on shares of Polar Capital (LON:POLR) in a research report report published on Thursday morning. They currently have a GBX 560 ($7.92) target price on the stock.

A number of other research firms have also weighed in on POLR. Numis Securities raised shares of Polar Capital to a buy rating and boosted their target price for the stock from GBX 590 ($8.34) to GBX 600 ($8.48) in a research report on Wednesday, March 7th. Shore Capital reissued a hold rating on shares of Polar Capital in a research report on Thursday, January 11th. Canaccord Genuity reissued a buy rating and set a GBX 555 ($7.84) target price on shares of Polar Capital in a research report on Tuesday, December 19th. Finally, Berenberg Bank reissued a buy rating and set a GBX 590 ($8.34) target price on shares of Polar Capital in a research report on Monday, March 12th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of GBX 550 ($7.77).

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Polar Capital stock opened at GBX 530 ($7.49) on Thursday. Polar Capital has a fifty-two week low of GBX 329 ($4.65) and a fifty-two week high of GBX 564 ($7.97).

In other news, insider Brian J. D. Ashford-Russell sold 375,000 shares of the company’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of GBX 518 ($7.32), for a total transaction of £1,942,500 ($2,745,583.04).

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About Polar Capital

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.

Analyst Recommendations for Polar Capital (LON:POLR)

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