Polar Capital’s (POLR) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Polar Capital (LON:POLR)‘s stock had its “buy” rating reissued by stock analysts at Deutsche Bank Aktiengesellschaft in a report issued on Friday, Digital Look reports. They currently have a GBX 1,100 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 27.46% from the stock’s previous close.

Separately, Royal Bank Of Canada upped their target price on shares of Polar Capital from GBX 670 to GBX 1,260 and gave the company an “outperform” rating in a report on Monday, July 6th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Polar Capital presently has an average rating of “Buy” and a consensus target price of GBX 995.

Polar Capital Stock Performance

LON POLR opened at GBX 863 on Friday. The company has a quick ratio of 2.45, a current ratio of 2.53 and a debt-to-equity ratio of 2.69. Polar Capital has a fifty-two week low of GBX 435.50 and a fifty-two week high of GBX 990. The business has a fifty day moving average of GBX 872.74 and a 200-day moving average of GBX 767.02. The stock has a market cap of £813.60 million, a price-to-earnings ratio of 14.58, a price-to-earnings-growth ratio of 0.79 and a beta of 0.91.

Polar Capital (LON:POLR) last posted its quarterly earnings data on Wednesday, July 1st. The company reported GBX 59.20 EPS for the quarter. Polar Capital had a return on equity of 42.37% and a net margin of 21.43%. As a group, analysts predict that Polar Capital will post 42.5061425 earnings per share for the current fiscal year.

Insider Activity at Polar Capital

In other Polar Capital news, insider Samir Ayub sold 59,154 shares of the 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 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. 13.26% of the stock is currently owned by insiders.

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.