Royal Bank Of Canada Reaffirms “Outperform” Rating for Polar Capital (LON:POLR)

Polar Capital (LON:POLRGet Free Report)‘s stock had its “outperform” rating reiterated by analysts at Royal Bank Of Canada in a research report issued on Monday, Marketbeat reports. They presently have a GBX 560 ($7.50) price objective on the stock. Royal Bank Of Canada’s price target would indicate a potential upside of 17.03% from the company’s current price.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 500 ($6.69) target price on shares of Polar Capital in a research report on Friday, July 11th.

Check Out Our Latest Report on Polar Capital

Polar Capital Trading Up 1.5%

LON POLR opened at GBX 478.50 ($6.41) on Monday. The business’s 50 day moving average is GBX 441.60 and its two-hundred day moving average is GBX 445.06. Polar Capital has a 12-month low of GBX 340.50 ($4.56) and a 12-month high of GBX 615 ($8.23). The stock has a market capitalization of £457.36 million, a price-to-earnings ratio of 11.15, a PEG ratio of 0.79 and a beta of 1.14.

Polar Capital (LON:POLRGet Free Report) last released its earnings results on Monday, June 30th. The company reported GBX 54.20 ($0.73) earnings per share (EPS) for the quarter. Polar Capital had a return on equity of 32.10% and a net margin of 19.65%. Equities analysts forecast that Polar Capital will post 42.5061425 earnings per share for the current fiscal year.

About Polar Capital

(Get Free Report)

Further Reading

Receive News & Ratings for Polar Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polar Capital and related companies with MarketBeat.com's FREE daily email newsletter.