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Polar Capital Holdings PLC Changes Nominated Adviser to Deutsche Bank

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Polar Capital Holdings PLC Changes Nominated Adviser to Deutsche Bank

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Polar Capital Holdings ( (GB:POLR) ) has shared an announcement.

Polar Capital Holdings PLC has announced a change in its Nominated Adviser and Broker from Numis Securities Limited to Deutsche Bank AG, London Branch. This change follows Deutsche Bank’s acquisition of Numis Securities Limited’s parent company and is effective immediately, potentially impacting the company’s advisory and brokerage relationships.

The most recent analyst rating on (GB:POLR) stock is a Buy with a £600.00 price target. To see the full list of analyst forecasts on Polar Capital Holdings stock, see the GB:POLR Stock Forecast page.

Spark’s Take on GB:POLR Stock

According to Spark, TipRanks’ AI Analyst, GB:POLR is a Neutral.

Polar Capital Holdings maintains a solid financial foundation with strong profitability and a robust balance sheet. However, recent declines in revenue and cash flow growth, coupled with weak technical indicators, suggest potential challenges ahead. The stock’s undervaluation and high dividend yield provide some compensation for these risks, making it a mixed prospect for investors.

To see Spark’s full report on GB:POLR stock, click here.

More about Polar Capital Holdings

Average Trading Volume: 299,853

Technical Sentiment Signal: Hold

Current Market Cap: £438.8M

For an in-depth examination of POLR stock, go to TipRanks’ Overview page.

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