Partners Group (OTCMKTS:PGPHF) Shares Gap Down – Here’s What Happened

Partners Group Holding AG (OTCMKTS:PGPHF) gapped down before the market opened on Friday . The stock had previously closed at $1,298.88, but opened at $1,220.1899. Partners Group shares last traded at $1,262.24, with a volume of 129 shares.

Analysts Set New Price Targets

Separately, Citigroup reiterated a “buy” rating on shares of Partners Group in a report on Thursday, January 15th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

Partners Group Stock Up 0.7%

The firm has a market cap of $32.74 billion and a price-to-earnings ratio of 89.62. The company’s fifty day moving average is $1,267.42 and its 200 day moving average is $1,285.90.

About Partners Group

Partners Group Holding AG (OTCMKTS: PGPHF) is a global private markets investment manager that specializes in private equity, private debt, private real estate and private infrastructure. The firm develops tailored investment solutions for institutional investors, sovereign wealth funds, family offices and high-net-worth individuals. Its services include direct investments, primary fund commitments and secondary market transactions, as well as customized portfolio and advisory offerings.

Founded in 1996 and headquartered in Baar, Switzerland, Partners Group completed its initial public offering on the SIX Swiss Exchange in 2006.