Polar Capital (LON:POLR) Receives “Hold” Rating from Shore Capital

Polar Capital (LON:POLR)‘s stock had its “hold” rating reiterated by analysts at Shore Capital in a note issued to investors on Thursday, January 11th.

Several other brokerages also recently issued reports on POLR. Peel Hunt restated a “buy” rating and issued a GBX 560 ($7.86) price objective on shares of Polar Capital in a research note on Friday, January 5th. Numis Securities restated a “hold” rating and issued a GBX 510 ($7.16) price objective on shares of Polar Capital in a research note on Wednesday, January 3rd. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 555 ($7.79) target price on shares of Polar Capital in a research report on Tuesday, December 19th. Finally, Investec reaffirmed a “hold” rating and issued a GBX 510 ($7.16) target price on shares of Polar Capital in a research report on Monday, December 11th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 540 ($7.58).

Shares of Polar Capital (LON:POLR) traded down GBX 15 ($0.21) during mid-day trading on Thursday, reaching GBX 491 ($6.90). The company’s stock had a trading volume of 54,918 shares, compared to its average volume of 29,097. The firm has a market capitalization of $458.33 and a P/E ratio of 2,455.00. Polar Capital has a one year low of GBX 329 ($4.62) and a one year high of GBX 564 ($7.92).

In other Polar Capital news, insider Brian J. D. Ashford-Russell sold 375,000 shares of Polar Capital stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of GBX 518 ($7.27), for a total transaction of £1,942,500 ($2,727,847.21).

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Polar Capital Company Profile

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.

Analyst Recommendations for Polar Capital (LON:POLR)

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