Polar Capital (LON:POLR) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Polar Capital (LON:POLR) had its price target upped by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 600 to GBX 625 in a report issued on Thursday, Marketbeat.com reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 11.21% from the stock’s current price.

Other equities analysts have also recently issued reports about the stock. Peel Hunt boosted their target price on shares of Polar Capital from GBX 510 to GBX 625 and gave the company a “buy” rating in a research note on Friday. Royal Bank Of Canada boosted their target price on shares of Polar Capital from GBX 560 to GBX 640 and gave the company an “outperform” rating in a research note on Friday, October 3rd. 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 630.

Polar Capital Price Performance

POLR opened at GBX 562 on Thursday. The firm has a fifty day moving average price of GBX 478.08 and a 200 day moving average price of GBX 445.25. Polar Capital has a 1 year low of GBX 340.50 and a 1 year high of GBX 580. The stock has a market cap of £538.78 million, a P/E ratio of 1,556.79, a P/E/G ratio of 0.79 and a beta of 1.14.

Insider Transactions at Polar Capital

In other news, insider Samir Ayub sold 15,953 shares of the stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of GBX 473, for a total value of £75,457.69. Also, insider Gavin Rochussen sold 30,716 shares of the stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of GBX 473, for a total transaction of £145,286.68. 12.87% of the stock is owned by corporate insiders.

About Polar Capital