Polar Capital’s (POLR) “Buy” Rating Reaffirmed at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Polar Capital (LON:POLR) in a report issued on Thursday. They currently have a GBX 560 ($7.54) price target on the stock.

POLR has been the subject of a number of other research reports. Numis Securities boosted their price target on Polar Capital from GBX 485 ($6.53) to GBX 490 ($6.59) and gave the stock a hold rating in a research report on Thursday, November 2nd. Canaccord Genuity reiterated a buy rating and set a GBX 500 ($6.73) price target on shares of Polar Capital in a research report on Thursday, September 21st. Shore Capital reiterated a hold rating on shares of Polar Capital in a research report on Monday, December 11th. Finally, Investec reiterated a hold rating and set a GBX 510 ($6.86) price target on shares of Polar Capital in a research report on Monday, December 11th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of Hold and a consensus price target of GBX 524 ($7.05).

Polar Capital (LON POLR) opened at GBX 514.18 ($6.92) on Thursday. Polar Capital has a 12-month low of GBX 294.25 ($3.96) and a 12-month high of GBX 520 ($7.00).

The company also recently disclosed a dividend, which will be paid on Friday, January 12th. Stockholders of record on Thursday, December 28th will be issued a GBX 6 ($0.08) dividend. The ex-dividend date is Thursday, December 28th. This represents a dividend yield of 1.16%.

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

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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.

Analyst Recommendations for Polar Capital (LON:POLR)

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