Polar Capital Holdings plc (POLR) Given “Hold” Rating at Numis Securities Ltd
Polar Capital Holdings plc (LON:POLR)‘s stock had its “hold” rating reiterated by research analysts at Numis Securities Ltd in a note issued to investors on Tuesday. They currently have a GBX 440 ($5.84) price objective on the stock. Numis Securities Ltd’s price target indicates a potential downside of 1.04% from the company’s current price.
POLR has been the subject of a number of other research reports. Peel Hunt cut Polar Capital Holdings plc to an “add” rating and upped their price target for the stock from GBX 355 ($4.71) to GBX 480 ($6.37) in a report on Friday, June 23rd. Shore Capital lowered Polar Capital Holdings plc to a “hold” rating in a report on Monday, July 3rd. Finally, Canaccord Genuity raised their price objective on Polar Capital Holdings plc from GBX 385 ($5.11) to GBX 500 ($6.63) and gave the company a “buy” rating in a report on Tuesday, June 27th.
Shares of Polar Capital Holdings plc (POLR) opened at 440.25 on Tuesday. The company’s market capitalization is GBX 394.21 million. The firm has a 50-day moving average of GBX 440.10 and a 200-day moving average of GBX 414.07. Polar Capital Holdings plc has a one year low of GBX 272.60 and a one year high of GBX 460.00.
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In related news, insider Tom Bartlam acquired 50,000 shares of Polar Capital Holdings plc stock in a transaction on Tuesday, July 18th. The stock was bought at an average cost of GBX 430 ($5.70) per share, for a total transaction of £215,000 ($285,183.71).
Polar Capital Holdings plc 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.
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