Deutsche Bank Aktiengesellschaft Boosts Polar Capital (LON:POLR) Price Target to GBX 780

Polar Capital (LON:POLR) had its price objective increased by research analysts at Deutsche Bank Aktiengesellschaft from GBX 750 to GBX 780 in a report released on Monday, Marketbeat reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 26.01% from the stock’s previous close.

A number of other research analysts have also weighed in on the stock. Peel Hunt raised their price objective on shares of Polar Capital from GBX 510 to GBX 625 and gave the company a “buy” rating in a research note on Friday, October 10th. Royal Bank Of Canada increased their price target on Polar Capital from GBX 650 to GBX 670 and gave the company an “outperform” rating in a research report on Monday, January 19th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of GBX 691.67.

Polar Capital Price Performance

Shares of POLR stock traded up GBX 28 on Monday, reaching GBX 619. 1,941,484 shares of the company were exchanged, compared to its average volume of 588,478. The company has a 50-day moving average of GBX 551.61 and a 200-day moving average of GBX 519.82. The company has a market cap of £593.42 million, a price-to-earnings ratio of 15.48, a PEG ratio of 0.79 and a beta of 1.14. Polar Capital has a one year low of GBX 340.50 and a one year high of GBX 639.

Polar Capital (LON:POLR) last posted its quarterly earnings results on Tuesday, November 25th. The company reported GBX 21.10 earnings per share for the quarter. Polar Capital had a return on equity of 32.10% and a net margin of 19.65%. As a group, sell-side analysts predict that Polar Capital will post 42.5061425 EPS for the current year.

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.