Pollen Street Group (LON:POLN) Stock Jumps 0.4% – Still a Buy?

Pollen Street Group Limited (LON:POLN) shares traded up 0.4% on Thursday. The stock traded as high as GBX 956 and last traded at GBX 942. 158,814 shares were traded during trading, a decline of 37% from the average session volume of 250,686 shares. The stock had previously closed at GBX 938.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,320 price objective on shares of Pollen Street Group in a research report on Wednesday, September 16th. Three investment analysts have rated the stock with a Buy rating. According to data from MarketBeat, Pollen Street Group currently has a consensus rating of “Buy” and a consensus target price of GBX 1,162.

Pollen Street Group Trading Up 0.8%

The company has a market capitalization of £560.72 million, a P/E ratio of 11.73 and a beta of 0.02. The firm has a fifty day moving average of GBX 883.53 and a 200 day moving average of GBX 854.19.

Pollen Street Group (LON:POLN) last announced its quarterly earnings results on Tuesday, September 15th. The company reported GBX 33.30 earnings per share (EPS) for the quarter. Pollen Street Group had a net margin of 47.90% and a return on equity of 8.17%. Sell-side analysts anticipate that Pollen Street Group Limited will post 70.03 EPS for the current fiscal year.

Pollen Street Group Company Profile

Pollen Street was founded in 2013. It is a listed alternative asset manager dedicated to the financial and business services sectors. Pollen Street has complementary activities in managing third-party assets (as an asset manager) and on-balance sheet investments (as an investment company), delivering growth through dedicated private equity and credit strategies.