Petershill Partners (LON:PHLL) Receives "Buy" Rating from Berenberg Bank

Petershill Partners (LON:PHLL - Get Free Report)'s stock had its "buy" rating restated by equities researchers at Berenberg Bank in a research note issued on Tuesday,London Stock Exchange reports. They currently have a GBX 320 ($4.33) price objective on the stock. Berenberg Bank's price objective points to a potential upside of 34.45% from the stock's current price.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a GBX 265 ($3.58) price target on shares of Petershill Partners in a research report on Monday.

Petershill Partners Trading Down 0.2%

LON PHLL opened at GBX 238 ($3.22) on Tuesday. 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 firm has a market cap of £3.23 billion, a P/E ratio of 9.66, a P/E/G ratio of 1.24 and a beta of 0.59. The stock's 50-day moving average is GBX 220.22 and its 200-day moving average is GBX 234.87. Petershill Partners has a one year low of GBX 196.60 ($2.66) and a one year high of GBX 286.50 ($3.87).

Insider Activity at Petershill Partners

In other news, insider Naguib Kheraj acquired 85,000 shares of Petershill Partners stock in a transaction on Friday, May 23rd. The stock was purchased at an average price of GBX 209 ($2.83) per share, with a total value of £177,650 ($240,164.93). 0.72% of the stock is currently owned by company 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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