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

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

Other equities research analysts also recently issued research reports about the company. Peel Hunt reaffirmed a buy rating on shares of Polar Capital in a report on Thursday. Peel Hunt reaffirmed a buy rating and set a GBX 710 ($9.34) price target on shares of Polar Capital in a report on Wednesday, January 8th.

Shares of LON POLR remained flat at $GBX 540 ($7.10) during trading hours on Thursday. The stock had a trading volume of 55,263 shares, compared to its average volume of 36,972. The firm’s fifty day moving average price is GBX 570.38 and its 200 day moving average price is GBX 542.40. Polar Capital has a 12 month low of GBX 456 ($6.00) and a 12 month high of GBX 628 ($8.26). The stock has a market capitalization of $521.69 million and a PE ratio of 10.51.

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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