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 - Get Free Report) had its price objective raised by research analysts at JPMorgan Chase & Co. from GBX 298 ($3.98) to GBX 305 ($4.07) in a report issued on Thursday, MarketBeat reports. The firm presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price target indicates a potential upside of 31.92% from the stock's previous close.

A number of other brokerages also recently commented on PHLL. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a GBX 265 ($3.54) target price on shares of Petershill Partners in a research note on Monday, July 21st. Berenberg Bank restated a "buy" rating and issued a GBX 320 ($4.27) target price on shares of Petershill Partners in a research note on Tuesday, July 22nd.

Petershill Partners Stock Down 0.3%

LON:PHLL opened at GBX 231.20 ($3.09) on Thursday. The company has a market capitalization of £3.14 billion, a price-to-earnings ratio of 9.38, a price-to-earnings-growth ratio of 1.24 and a beta of 0.59. Petershill Partners has a one year low of GBX 196.60 ($2.63) and a one year high of GBX 286.50 ($3.83). The stock has a 50-day simple moving average of GBX 224.38 and a 200 day simple moving average of GBX 233.40. The company has a debt-to-equity ratio of 10.41, a quick ratio of 6.11 and a current ratio of 1.40.

Insider Buying and Selling

In related news, insider Naguib Kheraj bought 85,000 shares of the firm's stock in a transaction on Friday, May 23rd. The stock was bought at an average cost of GBX 209 ($2.79) per share, for a total transaction of £177,650 ($237,309.64). 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.

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