Pollen Street Group (LON:POLN) Trading 1.7% Higher – Here’s Why

Pollen Street Group Limited (LON:POLNGet Free Report)’s share price rose 1.7% on Thursday . The company traded as high as GBX 871 and last traded at GBX 862.18. Approximately 60,459 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 311,654 shares. The stock had previously closed at GBX 848.

Wall Street Analyst Weigh In

Separately, Berenberg Bank increased their target price on Pollen Street Group from GBX 1,050 to GBX 1,100 and gave the stock a “buy” rating in a research report on Friday, March 27th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 1,088.67.

Get Our Latest Stock Analysis on Pollen Street Group

Pollen Street Group Trading Up 1.7%

The stock has a fifty day simple moving average of GBX 846.66 and a two-hundred day simple moving average of GBX 852.82. The firm has a market cap of £512.58 million, a PE ratio of 9.20 and a beta of 0.02.

About Pollen Street Group

(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.

Further Reading

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