Polar Capital (LON:POLR)‘s stock had its “buy” rating restated by investment analysts at Peel Hunt in a research report issued to clients and investors on Monday.

Several other research firms have also commented on POLR. Numis Securities lowered shares of Polar Capital to a “hold” rating and set a GBX 667 ($8.69) price objective on the stock. in a research note on Monday, June 25th. Shore Capital reissued a “buy” rating on shares of Polar Capital in a research note on Monday, June 25th. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 590 ($7.69) price objective on shares of Polar Capital in a research note on Monday, June 25th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Polar Capital has an average rating of “Buy” and an average target price of GBX 618.17 ($8.05).

Shares of POLR opened at GBX 626 ($8.15) on Monday. Polar Capital has a 1-year low of GBX 329 ($4.29) and a 1-year high of GBX 564 ($7.35).

In other news, insider Gavin Rochussen sold 145,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 18th. The shares were sold at an average price of GBX 681 ($8.87), for a total value of £987,450 ($1,286,244.63). Also, insider Alexa Coates bought 2,000 shares of the company’s stock in a transaction dated Tuesday, July 31st. The stock was purchased at an average price of GBX 674 ($8.78) per share, for a total transaction of £13,480 ($17,558.94).

About Polar Capital

Polar Capital Holdings plc is a publicly owned investment 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 December 2000 and is based in London, United Kingdom with an additional office in Tokyo, Japan.

Further Reading: Technical Analysis of Stocks and What It Means

Analyst Recommendations for Polar Capital (LON:POLR)

Receive News & Ratings for Polar Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polar Capital and related companies with MarketBeat.com's FREE daily email newsletter.