Deutsche Bank Aktiengesellschaft Boosts Polar Capital (LON:POLR) Price Target to GBX 550

Key Points

• Deutsche Bank Aktiengesellschaft has raised its price target for Polar Capital from GBX 500 to GBX 550, indicating a potential upside of 16.94% from its current price.
• Royal Bank Of Canada maintains an "outperform" rating with a target price of GBX 560 ($7.40) following the report from Deutsche Bank.
• Recent insider transactions include sales of shares by Gavin Rochussen and Samir Ayub, both at an average price of GBX 473.

Polar Capital (LON:POLR - Get Free Report) had its target price raised by Deutsche Bank Aktiengesellschaft from GBX 500 ($6.61) to GBX 550 ($7.27) in a research report issued on Friday,Digital Look reports. The firm currently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price target points to a potential upside of 16.94% from the stock's current price.

Separately, Royal Bank Of Canada restated an "outperform" rating and set a GBX 560 ($7.40) target price on shares of Polar Capital in a report on Monday, July 14th.

Polar Capital Trading Down 1.1%

Shares of LON:POLR opened at GBX 470.33 ($6.21) on Friday. The company's 50 day moving average is GBX 456.43 and its two-hundred day moving average is GBX 443.45. The company has a market cap of £449.55 million, a PE ratio of 10.96, a P/E/G ratio of 0.79 and a beta of 1.14. Polar Capital has a 52 week low of GBX 340.50 ($4.50) and a 52 week high of GBX 590.55 ($7.80).

Polar Capital (LON:POLR - Get Free Report) last issued its quarterly earnings data on Monday, June 30th. The company reported GBX 54.20 ($0.72) earnings per share (EPS) for the quarter. Polar Capital had a net margin of 19.65% and a return on equity of 32.10%. As a group, equities research analysts expect that Polar Capital will post 42.5061425 EPS for the current year.

Insider Buying and Selling at Polar Capital

In other Polar Capital news, insider Gavin Rochussen sold 30,716 shares of the stock in a transaction on Thursday, July 17th. The shares were sold at an average price of GBX 473 ($6.25), for a total transaction of £145,286.68 ($191,924.28). Also, insider Samir Ayub sold 15,953 shares of the firm's stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of GBX 473 ($6.25), for a total transaction of £75,457.69 ($99,679.91). Corporate insiders own 14.96% of the company's stock.

Polar Capital Company Profile

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