Polar Capital (LON:POLR) Upgraded at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Polar Capital (LON:POLR) to a buy rating in a report published on Friday morning, MarketBeat Ratings reports. They currently have GBX 1,200 target price on the stock, up from their prior target price of GBX 1,150.

Separately, Royal Bank Of Canada increased their price target on shares of Polar Capital from GBX 670 to GBX 1,260 and gave the company an “outperform” rating in a report on Monday, July 6th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 1,028.33.

Polar Capital Trading Up 1.0%

LON:POLR opened at GBX 838 on Friday. The stock has a fifty day moving average price of GBX 848.24 and a two-hundred day moving average price of GBX 798.15. The stock has a market capitalization of £789.27 million, a price-to-earnings ratio of 14.16, a PEG ratio of 0.79 and a beta of 0.92. The company has a debt-to-equity ratio of 2.69, a quick ratio of 2.45 and a current ratio of 2.53. Polar Capital has a 1 year low of GBX 502 and a 1 year high of GBX 990.

Insider Activity at Polar Capital

In other Polar Capital news, insider Samir Ayub sold 59,154 shares of the business’s stock in a transaction on Friday, July 17th. The stock was sold at an average price of GBX 882, for a total transaction of £521,738.28. Also, insider Iain Evans sold 65,070 shares of the company’s stock in a transaction on Friday, July 17th. The shares were sold at an average price of GBX 882, for a total value of £573,917.40. Company insiders own 12.94% of the company’s stock.

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.