JPMorgan Chase & Co. Boosts Petershill Partners (LON:PHLL) Price Target to GBX 305

Key Points

• JPMorgan Chase & Co. has raised the price target for Petershill Partners from GBX 298 to GBX 305, suggesting a potential upside of 31.92% from the stock's previous close.
• Other brokerages have varying ratings, with Deutsche Bank holding a target price of GBX 265 and Berenberg Bank setting a target price of GBX 320.
• As of Thursday, Petershill Partners' stock opened at GBX 231.20 and has a market capitalization of £3.14 billion, reflecting a one-year price range between GBX 196.60 and GBX 286.50.

Petershill Partners (LON:PHLL - Free Report) had its price target hoisted by JPMorgan Chase & Co. from GBX 298 ($4.01) to GBX 305 ($4.10) in a report published on Thursday, Marketbeat reports. The firm currently has an overweight rating on the stock.

A number of other brokerages have also weighed in on PHLL. Berenberg Bank restated a "buy" rating and set a GBX 320 ($4.30) target price on shares of Petershill Partners in a research report on Tuesday, July 22nd. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 265 ($3.56) target price on shares of Petershill Partners in a research report on Monday, July 21st.

Petershill Partners Stock Up 1.3%

PHLL stock traded up GBX 3 ($0.04) during trading on Thursday, hitting GBX 231 ($3.11). 1,241,122 shares of the stock traded hands, compared to its average volume of 713,250. The company has a debt-to-equity ratio of 10.41, a current ratio of 1.40 and a quick ratio of 6.11. The stock has a market cap of £3.14 billion, a price-to-earnings ratio of 9.37, a price-to-earnings-growth ratio of 1.24 and a beta of 0.59. The firm's 50 day moving average is GBX 225.12 and its two-hundred day moving average is GBX 232.02. Petershill Partners has a 1 year low of GBX 196.60 ($2.64) and a 1 year high of GBX 286.50 ($3.85).

Insider Transactions at Petershill Partners

In other news, insider Naguib Kheraj bought 85,000 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The shares were purchased at an average price of GBX 209 ($2.81) per share, with a total value of £177,650 ($238,841.09). 0.72% of the stock is currently owned by insiders.

Petershill Partners Company Profile

Petershill Partners PLC operates as a general partner solutions investment firm. It provides capital and strategic support to asset managers through minority stake acquisitions. The company was formerly known as Delta Epsilon plc and changed its name to Petershill Partners PLC in September 2, 2021. The company was founded in 2007 and is based in London, the United Kingdom.