Polar Capital (LON:POLR) Given “Outperform” Rating at Royal Bank Of Canada

Polar Capital (LON:POLR)‘s stock had its “outperform” rating reiterated by Royal Bank Of Canada in a research report issued on Tuesday,London Stock Exchange reports. They currently have a GBX 670 price objective on the stock. Royal Bank Of Canada’s target price indicates a potential upside of 1.21% from the company’s previous close.

Separately, Deutsche Bank Aktiengesellschaft upped their target price on shares of Polar Capital from GBX 750 to GBX 780 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 691.67.

Polar Capital Price Performance

LON POLR opened at GBX 662 on Tuesday. Polar Capital has a 1 year low of GBX 349 and a 1 year high of GBX 663. The firm has a market cap of £627.72 million, a price-to-earnings ratio of 16.55, a PEG ratio of 0.79 and a beta of 0.94. The company has a fifty day moving average price of GBX 621.82 and a 200-day moving average price of GBX 570.84.

Insider Activity

In other news, insider Win Robbins sold 4,995 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of GBX 623, for a total value of £31,118.85. 12.94% of the stock is currently owned by insiders.

About Polar Capital

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.