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Pollen Street Group (LON:POLN) Releases Earnings Results

Pollen Street Group logo with Financial Services background

Key Points

  • Pollen Street Group reported quarterly earnings of GBX 46 per share with a return on equity of 7.94% and a net margin of 70.52%.
  • The company's stock opened at GBX 899.29, with a one-year high of GBX 906 and a market cap of £541.26 million.
  • Pollen Street Group, founded in 2013, is an alternative asset manager focusing on financial and business services, managing both third-party assets and on-balance sheet investments.
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Pollen Street Group (LON:POLN - Get Free Report) issued its earnings results on Tuesday. The company reported GBX 46 EPS for the quarter, Digital Look Earnings reports. Pollen Street Group had a return on equity of 7.94% and a net margin of 70.52%.

Pollen Street Group Price Performance

Shares of POLN traded up GBX 8 during midday trading on Friday, reaching GBX 940. The stock had a trading volume of 176,927 shares, compared to its average volume of 119,359. Pollen Street Group has a 52 week low of GBX 633.98 and a 52 week high of GBX 954. The firm's 50 day moving average price is GBX 848.31 and its 200-day moving average price is GBX 784.96. The company has a market capitalization of £565.77 million, a P/E ratio of 1,192.89 and a beta of 0.22.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lifted their target price on Pollen Street Group from GBX 900 to GBX 1,050 and gave the stock a "buy" rating in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of GBX 1,050.

Read Our Latest Research Report on POLN

Pollen Street Group Company Profile

(Get Free Report)

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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