Petershill Partners (LON:PHLL) Stock Price Up 0.3% - Still a Buy?

Key Points

• Petershill Partners' stock price increased by 0.3% to GBX 305 ($4.10), with trading volume soaring to 2.24 million shares, nearly double the average.
• Wall Street analysts have mostly assigned a Moderate Buy rating, with a consensus target price of GBX 311.33, while Deutsche Bank raised its price objective to GBX 309.
• The company has a market capitalization of £3.30 billion and operates as an investment firm providing capital and strategic support to asset managers.

Petershill Partners (LON:PHLL - Get Free Report)'s stock price rose 0.3% during mid-day trading on Friday . The company traded as high as GBX 306.50 ($4.12) and last traded at GBX 305 ($4.10). Approximately 2,237,421 shares traded hands during trading, an increase of 95% from the average daily volume of 1,145,059 shares. The stock had previously closed at GBX 304 ($4.08).

Wall Street Analyst Weigh In

PHLL has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft boosted their price objective on Petershill Partners from GBX 265 to GBX 309 and gave the company a "hold" rating in a research note on Thursday, September 25th. JPMorgan Chase & Co. boosted their price target on Petershill Partners from GBX 298 to GBX 305 and gave the stock an "overweight" rating in a report on Thursday, August 7th. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 320 price target on shares of Petershill Partners in a report on Tuesday, July 22nd. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 311.33.

Petershill Partners Trading Up 0.3%

The stock has a fifty day moving average of GBX 259.21 and a 200 day moving average of GBX 233.07. 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 capitalization of £3.30 billion, a PE ratio of 352.89, a PEG 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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