Deutsche Bank Aktiengesellschaft upgraded shares of Polar Capital (LON:POLR – Free Report) to a buy rating in a research note published on Friday morning, Marketbeat Ratings reports. The firm currently has GBX 1,200 price objective on the stock, up from their prior price objective of GBX 1,150.
Separately, Royal Bank Of Canada lifted their price objective on shares of Polar Capital from GBX 670 to GBX 1,260 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 1,028.33.
View Our Latest Research Report on POLR
Polar Capital Price Performance
Polar Capital (LON:POLR – Get Free Report) last released its earnings results on Wednesday, July 1st. The company reported GBX 59.20 earnings per share for the quarter. Polar Capital had a return on equity of 42.37% and a net margin of 21.43%. Equities analysts forecast that Polar Capital will post 42.5061425 EPS for the current year.
Insider Transactions at Polar Capital
In other Polar Capital news, insider Samir Ayub sold 59,154 shares of Polar Capital stock in a transaction on Friday, July 17th. The stock was sold at an average price of GBX 882, for a total transaction of £521,738.28. Also, insider Iain Evans sold 65,070 shares of the company’s stock in a transaction on Friday, July 17th. The stock was sold at an average price of GBX 882, for a total value of £573,917.40. Company insiders own 12.94% of the company’s stock.
About Polar Capital
Polar Capital Holdings plc is a publicly owned specialist, investment-led, active fund manager. The firm provides its services to professional and institutional investors. It launches and manages equity and balanced mutual funds. The firm also launches and manages hedge funds for its clients. Polar Capital Holdings plc was founded in 2001 and is based in London, United Kingdom.
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