Pollen Street Group (LON:POLN) Price Target Raised to GBX 1,100 at Berenberg Bank

Key Points

• Berenberg Bank raised its price target for Pollen Street Group to GBX 1,100 (from GBX 1,050) and maintained a "buy" rating, implying a potential upside of 33.82% from the current share price.
• Pollen Street reported quarterly EPS of GBX 93.70 with a net margin of 50.55% and return on equity of 9.28%, indicating strong profitability metrics for the period.
• The stock opened at GBX 822, has a market cap of about £490.35 million and a price-to-earnings ratio of 9.35, with a 52-week range of GBX 633.98–972.

Pollen Street Group (LON:POLN - Get Free Report) had its price objective hoisted by stock analysts at Berenberg Bank from GBX 1,050 to GBX 1,100 in a report released on Friday,London Stock Exchange reports. The firm presently has a "buy" rating on the stock. Berenberg Bank's price target points to a potential upside of 33.82% from the stock's current price.

Pollen Street Group Stock Performance

Shares of LON:POLN opened at GBX 822 on Friday. The firm has a market cap of £490.35 million, a price-to-earnings ratio of 9.35 and a beta of 0.05. The business has a 50-day simple moving average of GBX 839.06 and a two-hundred day simple moving average of GBX 889.11. Pollen Street Group has a fifty-two week low of GBX 633.98 and a fifty-two week high of GBX 972.

Pollen Street Group (LON:POLN - Get Free Report) last announced its quarterly earnings results on Thursday, March 26th. The company reported GBX 93.70 earnings per share (EPS) for the quarter. Pollen Street Group had a net margin of 50.55% and a return on equity of 9.28%. As a group, research analysts predict that Pollen Street Group will post 70.0302725 earnings per share for the current 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.

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