Polar Capital (POLR) Given New GBX 495 Price Target at Numis Securities

Polar Capital (LON:POLR) had its target price upped by Numis Securities from GBX 490 ($6.59) to GBX 495 ($6.66) in a research report report published on Monday morning, MarketBeat Ratings reports. They currently have a hold rating on the stock.

A number of other analysts have also commented on POLR. Canaccord Genuity increased their price objective on Polar Capital from GBX 500 ($6.73) to GBX 555 ($7.47) and gave the company a buy rating in a research note on Thursday, October 12th. Shore Capital reaffirmed a hold rating on shares of Polar Capital in a research note on Tuesday, August 15th. Finally, Peel Hunt raised Polar Capital to a buy rating and increased their price objective for the company from GBX 480 ($6.46) to GBX 560 ($7.54) in a research note on Thursday, October 12th.

Shares of Polar Capital (POLR) opened at GBX 489.75 ($6.59) on Monday. Polar Capital has a one year low of GBX 283 ($3.81) and a one year high of GBX 499.75 ($6.73).

In other Polar Capital news, insider Tim Woolley sold 868,073 shares of the firm’s stock in a transaction dated Friday, October 20th. The stock was sold at an average price of GBX 450 ($6.06), for a total value of £3,906,328.50 ($5,257,508.08). Also, insider Win Robbins purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, October 18th. The stock was acquired at an average cost of GBX 487 ($6.55) per share, for a total transaction of £48,700 ($65,545.09).

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About Polar Capital

Polar Capital Holdings plc is an investment management company. The Company is engaged in the provision of investment management and advisory services. The Company offers professional and institutional investors a range of geographical and sector investment opportunities. The Company offers fundamental funds diversified by asset class, geographical, sectoral specialization, strategy and structure.

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