Pollen Street PLC 82.6% potential upside indicated by Berenberg Bank

Pollen Street PLC with ticker (LON:POLN) now has a potential upside of 82.6% according to Berenberg Bank.



Berenberg Bank set a target price of 1,070 GBX for the company, which when compared to the Pollen Street PLC share price of 586 GBX at opening today (18/04/2023) indicates a potential upside of 82.6%. Trading has ranged between 510 (52 week low) and 950 (52 week high) with an average of 25,736 shares exchanging hands daily. The market capitalisation at the time of writing is £371,131,500.

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.