Berenberg Bank restated their buy rating on shares of Polar Capital (LON:POLR) in a report released on Monday. They currently have a GBX 590 ($8.15) price objective on the stock.

A number of other analysts have also recently weighed in on POLR. Peel Hunt restated a buy rating and issued a GBX 560 ($7.74) price objective on shares of Polar Capital in a research note on Thursday, November 16th. Numis Securities boosted their price objective on shares of Polar Capital from GBX 490 ($6.77) to GBX 495 ($6.84) and gave the stock a hold rating in a research note on Monday, December 4th. Canaccord Genuity restated a buy rating and issued a GBX 555 ($7.67) price objective on shares of Polar Capital in a research note on Wednesday, December 6th. Shore Capital restated a hold rating on shares of Polar Capital in a research note on Monday, December 11th. Finally, Investec restated a hold rating and issued a GBX 510 ($7.05) price objective on shares of Polar Capital in a research note on Monday, December 11th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of GBX 550 ($7.60).

How to Become a New Pot Stock Millionaire

Shares of Polar Capital (LON POLR) opened at GBX 495 ($6.84) on Monday. Polar Capital has a one year low of GBX 329 ($4.55) and a one year high of GBX 564 ($7.79). The firm has a market cap of $462.07 and a price-to-earnings ratio of 2,475.00.

In related news, insider Brian J. D. Ashford-Russell sold 375,000 shares of the business’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of GBX 518 ($7.16), for a total transaction of £1,942,500 ($2,683,752.42).

ILLEGAL ACTIVITY NOTICE: “Berenberg Bank Reaffirms “Buy” Rating for Polar Capital (POLR)” was first published by Daily Political and is owned by of Daily Political. If you are reading this piece on another site, it was stolen and reposted in violation of international copyright legislation. The legal version of this piece can be viewed at https://www.dailypolitical.com/2018/03/15/berenberg-bank-reaffirms-buy-rating-for-polar-capital-polr.html.

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)

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.