Deutsche Bank Aktiengesellschaft Lowers Polar Capital (LON:POLR) Price Target to GBX 1,100

Key Points

• Deutsche Bank lowered Polar Capital’s price target from GBX 1,200 to GBX 1,100 while maintaining a “buy” rating, implying roughly 30.33% upside from the previous close.
• Analyst sentiment remains positive: RBC raised its target to GBX 1,260 with an “outperform” rating, while the consensus rating is “Buy” with an average target of GBX 995.
• Polar Capital reported quarterly EPS of GBX 59.20, a 21.43% net margin and 42.37% return on equity; meanwhile, two insiders sold shares worth a combined approximately £1.10 million.

Polar Capital (LON:POLR - Get Free Report) had its price objective decreased by analysts at Deutsche Bank Aktiengesellschaft from GBX 1,200 to GBX 1,100 in a report released on Thursday,London Stock Exchange reports. The firm currently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price objective would suggest a potential upside of 30.33% from the stock's previous close.

Separately, Royal Bank Of Canada upped their price target on shares of Polar Capital from GBX 670 to GBX 1,260 and gave the stock an "outperform" rating in a research note on Monday, July 6th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of GBX 995.

Polar Capital Price Performance

POLR opened at GBX 844 on Thursday. The company has a debt-to-equity ratio of 2.69, a quick ratio of 2.45 and a current ratio of 2.53. The stock has a market capitalization of £794.93 million, a PE ratio of 14.26, a price-to-earnings-growth ratio of 0.79 and a beta of 0.93. The stock's 50 day moving average price is GBX 861.35 and its 200-day moving average price is GBX 730.10. Polar Capital has a 52-week low of GBX 435 and a 52-week high of GBX 990.

Polar Capital (LON:POLR - Get Free Report) last released its quarterly earnings results on Wednesday, July 1st. The company reported GBX 59.20 earnings per share for the quarter. Polar Capital had a net margin of 21.43% and a return on equity of 42.37%. On average, equities research analysts predict that Polar Capital will post 42.5061425 EPS for the current year.

Insider Buying and Selling

In other Polar Capital news, insider Samir Ayub sold 59,154 shares of Polar Capital stock in a transaction on Friday, July 17th. The stock was sold at an average price of GBX 882, for a total value of £521,738.28. Also, insider Iain Evans sold 65,070 shares of Polar Capital stock in a transaction on Friday, July 17th. The stock was sold at an average price of GBX 882, for a total value of £573,917.40. 12.94% of the stock is owned by insiders.

Polar Capital Company Profile

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.

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