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

Key Points

• Analyst ratings: Royal Bank of Canada reissued an "Outperform" rating on Polar Capital with a GBX 670 target (implying ~1.21% upside), while Deutsche Bank raised its target to GBX 780 and kept a "Buy" rating; the consensus rating is "Buy" with an average target of GBX 691.67.
• Share performance and valuation: POLR stock was trading up about 8% at GBX 662, near its 12‑month high of GBX 663, with a market capitalization of £627.72 million and a P/E of 16.55.
• Insider activity: Insider Win Robbins sold 4,995 shares at GBX 623 (≈£31,118.85), and company insiders collectively own 12.94% of the stock.

Polar Capital (LON:POLR - Get Free Report)'s stock had its "outperform" rating reissued by equities research analysts at Royal Bank Of Canada in a research report issued to clients and investors on Tuesday,London Stock Exchange reports. They currently have a GBX 670 price objective on the stock. Royal Bank Of Canada's target price would indicate a potential upside of 1.21% from the company's previous close.

Separately, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Polar Capital from GBX 750 to GBX 780 and gave the company a "buy" rating in a research note on Monday, February 2nd. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Polar Capital has a consensus rating of "Buy" and an average price target of GBX 691.67.

Polar Capital Trading Up 8.0%

Shares of POLR stock opened at GBX 662 on Tuesday. The firm has a market capitalization of £627.72 million, a PE ratio of 16.55, a price-to-earnings-growth ratio of 0.79 and a beta of 0.94. The firm has a fifty day simple moving average of GBX 621.82 and a two-hundred day simple moving average of GBX 570.84. Polar Capital has a 12 month low of GBX 349 and a 12 month high of GBX 663.

Insider Buying and Selling

In other Polar Capital news, insider Win Robbins sold 4,995 shares of the business's stock in a transaction on Thursday, February 12th. The shares were sold at an average price of GBX 623, for a total transaction of £31,118.85. Company insiders own 12.94% of the company's stock.

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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