Polar Capital share price slips despite Deutsche Bank target hike as £15m buyback kicks off
Polar Capital shares fell 0.96% to 619 pence in London on Monday, even as the company began a £15 million buyback after reporting a 6% quarterly rise in assets under management to £28.4 billion. Deutsche Bank Research raised its price target to 750 pence and maintained a “buy” rating. The buyback, managed by Deutsche Numis, will run through July 19 using existing cash reserves.
