Pollen Street Group (LON:POLN) Stock Price Up 0.6% – Time to Buy?

Pollen Street Group Limited (LON:POLN)’s share price rose 0.6% during mid-day trading on Wednesday . The stock traded as high as GBX 734 and last traded at GBX 728. Approximately 52,478 shares changed hands during trading, a decline of 54% from the average daily volume of 112,971 shares. The stock had previously closed at GBX 724.

Analyst Ratings Changes

Separately, Panmure Gordon reiterated a “buy” rating and set a GBX 1,120 price target on shares of Pollen Street Group in a report on Wednesday, November 19th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 1,072.

Pollen Street Group Stock Performance

The firm has a market capitalization of £434.27 million, a price-to-earnings ratio of 8.28 and a beta of 0.05. The business has a fifty day moving average price of GBX 861.95 and a 200 day moving average price of GBX 895.60.

About Pollen Street Group

Pollen Street was founded in 2013. It is a listed alternative asset manager dedicated to the financial and business services sectors. Pollen Street has complementary activities in managing third-party assets (as an asset manager) and on-balance sheet investments (as an investment company), delivering growth through dedicated private equity and credit strategies.