Deutsche Bank Aktiengesellschaft Has Lowered Expectations for Polar Capital (LON:POLR) Stock Price

Polar Capital (LON:POLR) had its price objective lowered by analysts at Deutsche Bank Aktiengesellschaft from GBX 1,200 to GBX 1,100 in a note issued to investors on Thursday, Marketbeat reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 27.61% from the stock’s previous close.

Separately, Royal Bank Of Canada raised their price objective on shares of Polar Capital from GBX 670 to GBX 1,260 and gave the company an “outperform” rating in a research report on Monday, July 6th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 995.

Polar Capital Price Performance

Shares of Polar Capital stock opened at GBX 862 on Thursday. The stock has a market capitalization of £812.66 million, a price-to-earnings ratio of 14.56, a P/E/G ratio of 0.79 and a beta of 0.93. The firm’s 50-day moving average price is GBX 862.63 and its two-hundred day moving average price is GBX 732.65. The company has a current ratio of 2.53, a quick ratio of 2.45 and a debt-to-equity ratio of 2.69. Polar Capital has a 1-year low of GBX 435 and a 1-year high of GBX 990.

Polar Capital (LON:POLR) last announced its earnings results on Wednesday, July 1st. The company reported GBX 59.20 EPS for the quarter. Polar Capital had a return on equity of 42.37% and a net margin of 21.43%. On average, equities analysts predict that Polar Capital will post 42.5061425 earnings per share for the current fiscal year.

Insider Buying and Selling at Polar Capital

In other news, insider Samir Ayub sold 59,154 shares of the company’s stock in a transaction on Friday, July 17th. The stock was sold at an average price of GBX 882, for a total transaction of £521,738.28. Also, insider Iain Evans sold 65,070 shares of the firm’s stock in a transaction dated Friday, July 17th. The shares were sold at an average price of GBX 882, for a total value of £573,917.40. Corporate insiders own 13.26% of the company’s stock.

Polar Capital Company Profile

Polar Capital Holdings plc is a publicly owned specialist, investment-led, active fund 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 2001 and is based in London, United Kingdom.