Pollen Street Group (LON:POLN) Given New GBX 1,050 Price Target at Berenberg Bank

Key Points

• Berenberg Bank raised the target price for Pollen Street Group from GBX 900 to GBX 1,050, indicating a potential upside of 13.15% from its current price.
• Pollen Street Group reported GBX 46 EPS for the last quarter, with a net margin of 70.52% and a return on equity of 7.94%.
• The company has a market capitalization of £558.54 million and has experienced a price fluctuation between a 52 week low of GBX 633.98 and a 52 week high of GBX 932.

Pollen Street Group (LON:POLN - Get Free Report) had its price target increased by equities research analysts at Berenberg Bank from GBX 900 to GBX 1,050 in a report released on Wednesday, Marketbeat Ratings reports. The firm currently has a "buy" rating on the stock. Berenberg Bank's price target indicates a potential upside of 10.99% from the stock's previous close.

Pollen Street Group Stock Performance

Shares of LON:POLN traded up GBX 6 during trading hours on Wednesday, hitting GBX 946. 99,106 shares of the company's stock traded hands, compared to its average volume of 119,248. Pollen Street Group has a 52 week low of GBX 633.98 and a 52 week high of GBX 954. The company's fifty day simple moving average is GBX 848.31 and its two-hundred day simple moving average is GBX 785.98. The company has a market cap of £569.38 million, a price-to-earnings ratio of 1,200.51 and a beta of 0.22.

Pollen Street Group (LON:POLN - Get Free Report) last announced its earnings results on Tuesday, September 16th. The company reported GBX 46 EPS for the quarter. Pollen Street Group had a net margin of 70.52% and a return on equity of 7.94%. On average, analysts anticipate that Pollen Street Group will post 70.0302725 EPS for the current fiscal year.

About Pollen Street Group

Pollen Street was founded in 2013. It is a listed alternative asset manager dedicated to the financial and business services sectors. Pollen Street has complementary activities in managing third-party assets (as an asset manager) and on-balance sheet investments (as an investment company), delivering growth through dedicated private equity and credit strategies.