What Next for Polar Capital Holdings plc Stock After Today’s Huge Decline?

 What Next for Polar Capital Holdings plc Stock After Today's Huge Decline?

The stock of Polar Capital Holdings plc (LON:POLR) is a huge mover today! The stock increased 3.71% or GBX 10.25 on November 10, hitting GBX 286.25. About 27,737 shares traded hands. Polar Capital Holdings plc (LON:POLR) has declined 18.21% since April 13, 2016 and is downtrending. It has underperformed by 23.86% the S&P500.
The move comes after 8 months negative chart setup for the GBX 261.53M company. It was reported on Nov, 10 by Barchart.com. We have GBX 257.63 PT which if reached, will make LON:POLR worth GBX 26.15M less.

Polar Capital Holdings plc (LON:POLR) Ratings Coverage

Out of 6 analysts covering Polar Capital Holdings PLC (LON:POLR), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. Polar Capital Holdings PLC has been the topic of 40 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating given on Monday, October 12 by Numis Securities. The firm has “Add” rating by Peel Hunt given on Monday, September 19. The company was maintained on Thursday, April 14 by Peel Hunt. The rating was maintained by Numis Securities on Friday, November 27 with “Hold”. The rating was maintained by Peel Hunt with “Add” on Friday, June 24. The rating was maintained by Canaccord Genuity on Thursday, October 13 with “Buy”. The stock has “Hold” rating given by Numis Securities on Thursday, July 14. The company was maintained on Wednesday, October 5 by Numis Securities. On Tuesday, April 19 the stock rating was maintained by Numis Securities with “Hold”. As per Thursday, January 14, the company rating was maintained by Peel Hunt.

Polar Capital Holdings plc is an investment management company. The company has a market cap of 261.53 million GBP. The Firm is engaged in the provision of investment management and advisory services. It has a 14.22 P/E ratio. The Firm offers professional and institutional investors a range of geographical and sector investment opportunities.

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