Petershill Partners (LON:PHLL) Trading Down 0.4% - Time to Sell?

Key Points

• Shares of Petershill Partners (LON:PHLL) fell by 0.4%, trading at GBX 238 ($3.22), with a notable decrease in trading volume of 89% from the average daily volume.
• Analysts have mixed opinions on Petershill Partners, with ratings including a "buy" from Berenberg Bank and an "overweight" from JPMorgan Chase, reflecting a consensus rating of "Moderate Buy" and an average price target of GBX 296.67.
• The company operates as a general partner solutions investment firm, focusing on providing capital and strategic support to asset managers through minority stake acquisitions.

Shares of Petershill Partners (LON:PHLL - Get Free Report) were down 0.4% during mid-day trading on Thursday . The stock traded as low as GBX 236 ($3.19) and last traded at GBX 238 ($3.21). Approximately 78,121 shares were traded during trading, a decline of 89% from the average daily volume of 689,684 shares. The stock had previously closed at GBX 239 ($3.23).

Analysts Set New Price Targets

PHLL has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a GBX 265 target price on shares of Petershill Partners in a research note on Monday, July 21st. JPMorgan Chase & Co. lifted their target price on shares of Petershill Partners from GBX 298 to GBX 305 and gave the stock an "overweight" rating in a research note on Thursday, August 7th. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 320 target price on shares of Petershill Partners in a research note on Tuesday, July 22nd. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of GBX 296.67.

Petershill Partners Price Performance

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 capitalization of £2.57 billion, a price-to-earnings ratio of 313.94, a PEG ratio of 1.24 and a beta of 0.59. The business's fifty day simple moving average is GBX 231.94 and its 200 day simple moving average is GBX 228.28.

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.