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Petershill Partners (LON:PHLL) Sets New 1-Year High - Time to Buy?

Petershill Partners logo with Financial Services background

Key Points

  • Petershill Partners shares reached a new 52-week high, trading as high as GBX 310.50 ($4.14) with an increased trading volume of over 23 million shares.
  • Analysts have mixed ratings with two recommending a Buy and one Hold, while the consensus target price stands at GBX 296.67.
  • The company operates as a general partner solutions investment firm, focusing on minority stake acquisitions to support asset managers.
  • MarketBeat previews the top five stocks to own by October 1st.

Petershill Partners (LON:PHLL - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 310.50 ($4.14) and last traded at GBX 307.84 ($4.11), with a volume of 23210611 shares changing hands. The stock had previously closed at GBX 231 ($3.08).

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Berenberg Bank reissued a "buy" rating and issued a GBX 320 price objective on shares of Petershill Partners in a report on Tuesday, July 22nd. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 265 price objective on shares of Petershill Partners in a report on Monday, July 21st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Petershill Partners from GBX 298 to GBX 305 and gave the company an "overweight" rating in a report on Thursday, August 7th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 296.67.

Read Our Latest Report on PHLL

Petershill Partners Stock Performance

The stock's fifty day moving average price is GBX 236.11 and its two-hundred day moving average price is GBX 225.82. The company has a debt-to-equity ratio of 10.41, a quick ratio of 6.11 and a current ratio of 1.40. The company has a market cap of £3.35 billion, a P/E ratio of 408.26, a P/E/G ratio of 1.24 and a beta of 0.59.

About Petershill Partners

(Get Free Report)

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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