Pollen Street Group (LON:POLN) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Pollen Street Group (LON:POLN) had its target price hoisted by stock analysts at Berenberg Bank from GBX 1,050 to GBX 1,100 in a research note issued to investors on Friday, MarketBeat reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 34.80% from the company’s current price.

Pollen Street Group Price Performance

POLN opened at GBX 816 on Friday. The stock has a market capitalization of £486.77 million, a P/E ratio of 9.28 and a beta of 0.05. The business has a 50 day simple moving average of GBX 837.14 and a 200-day simple moving average of GBX 888.57. Pollen Street Group has a 12 month low of GBX 633.98 and a 12 month high of GBX 972.

Pollen Street Group (LON:POLN) last announced its quarterly earnings data on Thursday, March 26th. The company reported GBX 93.70 earnings per share (EPS) for the quarter. Pollen Street Group had a net margin of 53.91% and a return on equity of 9.58%. Research analysts anticipate that Pollen Street Group will post 70.0302725 EPS for the current year.

Pollen Street Group Company Profile

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.