POLR has been the subject of several other reports. Canaccord Genuity reiterated a buy rating and set a GBX 590 ($7.69) target price on shares of Polar Capital in a report on Monday, June 25th. Shore Capital reissued a buy rating on shares of Polar Capital in a research report on Monday, June 25th. Finally, Numis Securities reissued an add rating and set a GBX 725 ($9.44) price target on shares of Polar Capital in a research report on Tuesday, September 4th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of GBX 618.17 ($8.05).
POLR stock opened at GBX 610 ($7.95) on Monday. Polar Capital has a 52-week low of GBX 329 ($4.29) and a 52-week high of GBX 564 ($7.35).
In other news, insider Alexa Coates purchased 2,000 shares of Polar Capital stock in a transaction that occurred on Tuesday, July 31st. The stock was bought at an average price of GBX 674 ($8.78) per share, with a total value of £13,480 ($17,558.94). Also, insider Gavin Rochussen sold 145,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 18th. The shares were sold at an average price of GBX 681 ($8.87), for a total transaction of £987,450 ($1,286,244.63).
About Polar Capital
Polar Capital Holdings plc is a publicly owned investment 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 December 2000 and is based in London, United Kingdom with an additional office in Tokyo, Japan.
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