Pollen Street Group (LON:POLN) Price Target Raised to GBX 1,050

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 raised by stock analysts at Berenberg Bank from GBX 900 to GBX 1,050 in a note issued to investors on Wednesday, MarketBeat.com reports. The brokerage presently has a "buy" rating on the stock. Berenberg Bank's target price indicates a potential upside of 11.70% from the company's previous close.

Pollen Street Group Trading Up 0.9%

POLN traded up GBX 8 during trading on Wednesday, hitting GBX 940. The company's stock had a trading volume of 176,927 shares, compared to its average volume of 119,359. Pollen Street Group has a twelve month low of GBX 633.98 and a twelve month high of GBX 954. The firm has a market capitalization of £565.77 million, a price-to-earnings ratio of 1,192.89 and a beta of 0.22. The business's fifty day simple moving average is GBX 848.31 and its 200 day simple moving average is GBX 785.48.

Pollen Street Group (LON:POLN - Get Free Report) last released its quarterly earnings data on Tuesday, September 16th. The company reported GBX 46 earnings per share (EPS) for the quarter. Pollen Street Group had a return on equity of 7.94% and a net margin of 70.52%. As a group, equities research analysts forecast that Pollen Street Group will post 70.0302725 earnings per share 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.