Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Polar Capital (LON:POLR) Stock Price

Polar Capital (LON:POLR) had its price target boosted by Deutsche Bank Aktiengesellschaft from GBX 750 to GBX 780 in a research note released on Monday, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

A number of other research analysts also recently issued reports on POLR. Peel Hunt upped their price objective on 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 boosted their price target on shares of Polar Capital from GBX 650 to GBX 670 and gave the stock an “outperform” rating in a report on Monday, January 19th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 691.67.

Polar Capital Stock Performance

Shares of POLR stock opened at GBX 626 on Monday. The company has a market capitalization of £600.13 million, a price-to-earnings ratio of 15.65, a PEG ratio of 0.79 and a beta of 1.14. Polar Capital has a 52-week low of GBX 340.50 and a 52-week high of GBX 639. The company has a 50-day simple moving average of GBX 553.79 and a two-hundred day simple moving average of GBX 520.86.

Polar Capital (LON:POLR) last announced its 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%. On average, sell-side analysts forecast that Polar Capital will post 42.5061425 EPS for the current fiscal year.

Polar Capital Company Profile

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.