Partners Group (OTCMKTS:PGPHF) Shares Gap Down – Time to Sell?

Partners Group Holding AG (OTCMKTS:PGPHFGet Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $905.80, but opened at $849.8485. Partners Group shares last traded at $849.8485, with a volume of 3 shares.

Analysts Set New Price Targets

Several brokerages have commented on PGPHF. Oddo Bhf lowered shares of Partners Group to a “neutral” rating in a research report on Monday, June 8th. UBS Group cut shares of Partners Group from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 8th. Finally, The Goldman Sachs Group restated a “neutral” rating on shares of Partners Group in a research report on Monday, June 22nd. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce”.

Check Out Our Latest Stock Report on PGPHF

Partners Group Stock Down 1.9%

The company has a market capitalization of $21.75 billion and a price-to-earnings ratio of 13,976.17. The stock has a fifty day moving average price of $858.51 and a two-hundred day moving average price of $994.43.

Partners Group (OTCMKTS:PGPHFGet Free Report) last announced its earnings results on Friday, August 14th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $11.71 million for the quarter.

Partners Group Company Profile

(Get Free Report)

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.

Further Reading

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