Fintel reports that on July 24, 2024, Longbow Research downgraded their outlook for Polaris (LSE:0KJQ) from Buy to Neutral.
Analyst Price Forecast Suggests 26.95% Upside
As of July 24, 2024, the average one-year price target for Polaris is 94.47 GBX/share. The forecasts range from a low of 72.31 GBX to a high of 125.28 GBX. The average price target represents an increase of 26.95% from its latest reported closing price of 74.41 GBX / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Polaris is 8,968MM. The projected annual non-GAAP EPS is 10.63.
What is the Fund Sentiment?
There are 865 funds or institutions reporting positions in Polaris. This is an decrease of 26 owner(s) or 2.92% in the last quarter. Average portfolio weight of all funds dedicated to 0KJQ is 0.17%, an increase of 104.10%. Total shares owned by institutions increased in the last three months by 0.44% to 61,059K shares.
What are Other Shareholders Doing?
Capital World Investors holds 6,760K shares representing 11.96% ownership of the company. In its prior filing, the firm reported owning 6,758K shares , representing an increase of 0.02%. The firm decreased its portfolio allocation in 0KJQ by 1.67% over the last quarter.
AGTHX - GROWTH FUND OF AMERICA holds 3,844K shares representing 6.80% ownership of the company. No change in the last quarter.
Beutel, Goodman & Co holds 2,580K shares representing 4.57% ownership of the company. In its prior filing, the firm reported owning 2,220K shares , representing an increase of 13.97%. The firm increased its portfolio allocation in 0KJQ by 19.28% over the last quarter.
Manufacturers Life Insurance Company, The holds 2,339K shares representing 4.14% ownership of the company. In its prior filing, the firm reported owning 2,419K shares , representing a decrease of 3.41%. The firm increased its portfolio allocation in 0KJQ by 58.53% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,693K shares representing 3.00% ownership of the company. In its prior filing, the firm reported owning 1,697K shares , representing a decrease of 0.23%. The firm decreased its portfolio allocation in 0KJQ by 3.90% over the last quarter.
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