Pollen Street Group Ltd 20.0% potential upside indicated by Berenberg Bank

Pollen Street Group Ltd with ticker (LON:POLN) now has a potential upside of 20.0% according to Berenberg Bank.

POLN.L

Berenberg Bank set a target price of 900 GBX for the company, which when compared to the Pollen Street Group Ltd share price of 750 GBX at opening today (21/06/2024) indicates a potential upside of 20.0%. Trading has ranged between 500 (52 week low) and 775 (52 week high) with an average of 106,962 shares exchanging hands daily. The market capitalisation at the time of writing is £476,397,104.

Pollen Street PLC is a United Kingdom-based company. The Company acts as an alternative asset manager, which is engaged in investing within the financial and business services sectors across both Private Equity and Private Credit strategies. The Company operates in two segments: the Asset Manager and the Investment Company. It benefits from a set of asset management activities focused on managing third-party AuM (the Asset Manager) together with on-balance sheet investments (the Investment Company). The Investment Company portfolio is diversified and focused on senior asset-based direct lending investments. These investments target stable high-income returns together with strong capital preservation. The portfolio consists of both direct investments and investments in funds managed by Pollen Street. Pollen Street Capital Limited is the investment manager of the Company.