Petershill Partners' (PHLL) Buy Rating Reiterated at Berenberg Bank

Petershill Partners (LON:PHLL - Get Free Report)'s stock had its "buy" rating reaffirmed by equities researchers at Berenberg Bank in a research note issued to investors on Tuesday, MarketBeat reports. They currently have a GBX 320 ($4.30) target price on the stock. Berenberg Bank's target price would indicate a potential upside of 34.17% from the company's current price.

Separately, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a GBX 265 ($3.56) price objective on shares of Petershill Partners in a report on Monday, July 21st.

Petershill Partners Stock Performance

PHLL traded up GBX 2.50 ($0.03) during trading on Tuesday, reaching GBX 238.50 ($3.21). 143,262 shares of the company's stock were exchanged, compared to its average volume of 737,763. Petershill Partners has a fifty-two week low of GBX 196.60 ($2.64) and a fifty-two week high of GBX 286.50 ($3.85). The company has a quick ratio of 6.11, a current ratio of 1.40 and a debt-to-equity ratio of 10.41. The business has a 50 day moving average price of GBX 220.78 and a 200 day moving average price of GBX 234.77. The company has a market capitalization of £3.24 billion, a P/E ratio of 9.68, a PEG ratio of 1.24 and a beta of 0.59.

Insider Activity

In other Petershill Partners news, insider Naguib Kheraj acquired 85,000 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The stock was acquired at an average cost of GBX 209 ($2.81) per share, for a total transaction of £177,650 ($238,744.79). Corporate insiders own 0.72% of the company's stock.

About Petershill Partners

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.