Polar Capital's (POLR) Outperform Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada reissued their outperform rating on shares of Polar Capital (LON:POLR - Free Report) in a report published on Monday morning, Marketbeat reports. They currently have a GBX 560 ($7.52) target price on the stock.

Separately, Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a GBX 500 ($6.71) target price on shares of Polar Capital in a report on Friday.

Polar Capital Price Performance

Shares of POLR traded up GBX 2.85 ($0.04) during trading hours on Monday, hitting GBX 471.85 ($6.34). The stock had a trading volume of 279,853 shares, compared to its average volume of 264,128. Polar Capital has a 1-year low of GBX 340.50 ($4.57) and a 1-year high of GBX 615 ($8.26). The firm has a market capitalization of £451.01 million, a P/E ratio of 11.00, a price-to-earnings-growth ratio of 0.79 and a beta of 1.14. The firm has a 50 day simple moving average of GBX 438.64 and a 200-day simple moving average of GBX 445.09.

Polar Capital (LON:POLR - Get Free Report) last announced its quarterly earnings data on Monday, June 30th. The company reported GBX 54.20 ($0.73) EPS for the quarter. Polar Capital had a return on equity of 32.10% and a net margin of 19.65%. Equities analysts predict that Polar Capital will post 42.5061425 EPS for the current fiscal year.

Polar Capital Company Profile