Berenberg Bank Issues Positive Forecast for Pollen Street Group (LON:POLN) Stock Price

Pollen Street Group (LON:POLN) had its price target hoisted by Berenberg Bank from GBX 1,050 to GBX 1,100 in a research note issued to investors on Friday,London Stock Exchange reports. Berenberg Bank currently has a buy rating on the stock.

Pollen Street Group Stock Up 1.2%

Shares of LON:POLN opened at GBX 816 on Friday. The stock has a market cap of £486.77 million, a PE ratio of 9.28 and a beta of 0.05. The company’s fifty day moving average is GBX 837.14 and its 200 day moving average is GBX 888.58. Pollen Street Group has a 52 week low of GBX 633.98 and a 52 week high of GBX 972.

Pollen Street Group (LON:POLN) last posted its quarterly earnings results 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%. Sell-side analysts anticipate that Pollen Street Group will post 70.0302725 EPS for the current year.

About Pollen Street Group

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.