Petershill Partners (LON:PHLL) Shares Down 1.9% - Should You Sell?

Key Points

• Petershill Partners' shares dropped by 1.9%, closing at GBX 233.50 ($3.15) during Friday's trading session.
• Analysts remain optimistic about the stock, with JPMorgan setting a price target of GBX 305 and Berenberg Bank a target of GBX 320, both maintaining positive ratings.
• The company has a market cap of £2.53 billion and a notably high price-to-earnings ratio of 308.01, indicating potential overvaluation concerns.

Petershill Partners (LON:PHLL - Get Free Report)'s stock price was down 1.9% during trading on Friday . The company traded as low as GBX 233.50 ($3.15) and last traded at GBX 233.50 ($3.15). Approximately 711,693 shares traded hands during mid-day trading, an increase of 1% from the average daily volume of 702,012 shares. The stock had previously closed at GBX 238 ($3.21).

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on PHLL shares. JPMorgan Chase & Co. lifted their price target on shares of Petershill Partners from GBX 298 to GBX 305 and gave the company an "overweight" rating in a research report on Thursday, August 7th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 265 price target on shares of Petershill Partners in a research report on Monday, July 21st. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 320 price target on shares of Petershill Partners in a research report on Tuesday, July 22nd. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Petershill Partners presently 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 stock's 50 day simple moving average is GBX 234.96 and its two-hundred day simple moving average is GBX 225.74. The stock has a market cap of £2.53 billion, a price-to-earnings ratio of 308.01, a P/E/G ratio of 1.24 and a beta of 0.59.

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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