Deutsche Bank Aktiengesellschaft Lowers Polar Capital (LON:POLR) Price Target to GBX 1,100

Polar Capital (LON:POLR) had its price target reduced by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 1,200 to GBX 1,100 in a research note issued on Thursday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 30.33% from the stock’s previous close.

Separately, Royal Bank Of Canada raised their price target on Polar Capital from GBX 670 to GBX 1,260 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 995.

Polar Capital Stock Down 0.8%

Shares of Polar Capital stock opened at GBX 844 on Thursday. The company has a market cap of £794.93 million, a price-to-earnings ratio of 14.26, a price-to-earnings-growth ratio of 0.79 and a beta of 0.93. The company’s 50 day moving average is GBX 861.35 and its 200 day moving average is GBX 730.10. Polar Capital has a twelve month low of GBX 435 and a twelve month high of GBX 990. The company has a quick ratio of 2.45, a current ratio of 2.53 and a debt-to-equity ratio of 2.69.

Polar Capital (LON:POLR) last posted its earnings results on Wednesday, July 1st. The company reported GBX 59.20 EPS for the quarter. Polar Capital had a net margin of 21.43% and a return on equity of 42.37%. Research analysts anticipate that Polar Capital will post 42.5061425 EPS for the current year.

Insider Buying and Selling

In related news, insider Iain Evans sold 65,070 shares of Polar Capital stock in a transaction dated Friday, July 17th. The shares were sold at an average price of GBX 882, for a total transaction of £573,917.40. Also, insider Samir Ayub sold 59,154 shares of the company’s stock in a transaction that occurred on Friday, July 17th. The shares were sold at an average price of GBX 882, for a total value of £521,738.28. 12.94% of the stock is currently owned by corporate insiders.

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.