Polar Capital (POLR) Receives “Buy” Rating from Canaccord Genuity

Canaccord Genuity restated their buy rating on shares of Polar Capital (LON:POLR) in a report issued on Wednesday morning. They currently have a GBX 555 ($7.47) price target on the stock.

Several other analysts have also recently weighed in on the company. Numis Securities boosted their price target on Polar Capital from GBX 485 ($6.53) to GBX 490 ($6.59) and gave the stock a hold rating in a report on Thursday, November 2nd. Peel Hunt restated a buy rating and set a GBX 560 ($7.54) price target on shares of Polar Capital in a report on Thursday, November 16th. Finally, Shore Capital restated a hold rating and set a GBX 485 ($6.53) price target on shares of Polar Capital in a report on Friday, October 13th.

Shares of Polar Capital (LON POLR) opened at GBX 482.25 ($6.49) on Wednesday. Polar Capital has a twelve month low of GBX 283 ($3.81) and a twelve month high of GBX 499.75 ($6.73).

In related news, insider Win Robbins acquired 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 18th. The shares were bought at an average cost of GBX 487 ($6.55) per share, with a total value of £48,700 ($65,545.09). Also, insider Tim Woolley sold 868,073 shares of Polar Capital stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of GBX 450 ($6.06), for a total value of £3,906,328.50 ($5,257,508.08).

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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.

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