Polar Capital (LON:POLR) Receives Buy Rating from Shore Capital

Shore Capital reaffirmed their buy rating on shares of Polar Capital (LON:POLR) in a report published on Thursday, ThisIsMoney.Co.Uk reports.

POLR has been the topic of a number of other research reports. Peel Hunt restated a buy rating on shares of Polar Capital in a research report on Thursday. Peel Hunt reiterated a buy rating and issued a GBX 710 ($9.34) target price on shares of Polar Capital in a research report on Wednesday, January 8th.

Shares of LON POLR remained flat at $GBX 540 ($7.10) during mid-day trading on Thursday. The company had a trading volume of 55,263 shares, compared to its average volume of 36,972. Polar Capital has a 52 week low of GBX 456 ($6.00) and a 52 week high of GBX 628 ($8.26). The firm has a market cap of $521.69 million and a price-to-earnings ratio of 10.51. The company has a 50 day moving average price of GBX 570.38 and a 200-day moving average price of GBX 542.40.

Polar Capital Company Profile

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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