Polar Capital (LON:POLR - Free Report) had its target price hoisted by Deutsche Bank Aktiengesellschaft from GBX 500 ($6.65) to GBX 550 ($7.31) in a research report released on Friday morning, Marketbeat reports. They currently have a hold rating on the stock.
Separately, Royal Bank Of Canada reissued an "outperform" rating and set a GBX 560 ($7.44) price target on shares of Polar Capital in a report on Monday, July 14th.
Check Out Our Latest Analysis on Polar Capital
Polar Capital Trading Up 1.8%
Shares of POLR stock traded up GBX 8.50 ($0.11) during midday trading on Friday, reaching GBX 485 ($6.45). 562,464 shares of the stock were exchanged, compared to its average volume of 268,153. Polar Capital has a 1 year low of GBX 340.50 ($4.53) and a 1 year high of GBX 559 ($7.43). The company's 50 day moving average is GBX 457.58 and its two-hundred day moving average is GBX 442.58. The firm has a market cap of £463.58 million, a PE ratio of 11.31, a price-to-earnings-growth ratio of 0.79 and a beta of 1.14.
Polar Capital (LON:POLR - Get Free Report) last issued its earnings results on Monday, June 30th. The company reported GBX 54.20 ($0.72) EPS for the quarter. Polar Capital had a return on equity of 32.10% and a net margin of 19.65%. As a group, equities analysts expect that Polar Capital will post 42.5061425 EPS for the current fiscal year.
Insiders Place Their Bets
In other Polar Capital news, insider Gavin Rochussen sold 30,716 shares of the company's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of GBX 473 ($6.29), for a total value of £145,286.68 ($193,097.66). Also, insider Samir Ayub sold 15,953 shares of the company's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of GBX 473 ($6.29), for a total transaction of £75,457.69 ($100,289.33). Corporate insiders own 14.96% of the company's stock.
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