Petershill Partners (LON:PHLL) Stock Price Up 33.3% - Here's What Happened

Key Points

• Petershill Partners shares surged 33.3% on a recent trading day, reaching a high of GBX 310.50 ($4.18) and trading volume increased significantly by 340% compared to the average.
• Analyst ratings for Petershill Partners include a "hold" rating from Deutsche Bank and a "buy" from Berenberg Bank, with a consensus target price around GBX 296.67.
• The company's market capitalization stands at £3.33 billion with notable financial metrics including a high PE ratio of 405.62 and a debt-to-equity ratio of 10.41.

Shares of Petershill Partners (LON:PHLL - Get Free Report) traded up 33.3% during trading on Thursday . The company traded as high as GBX 310.50 ($4.18) and last traded at GBX 308 ($4.14). 3,109,827 shares changed hands during mid-day trading, an increase of 340% from the average session volume of 706,978 shares. The stock had previously closed at GBX 231 ($3.11).

Wall Street Analyst Weigh In

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

Petershill Partners Price Performance

The firm has a market capitalization of £3.33 billion, a PE ratio of 405.62, a P/E/G ratio of 1.24 and a beta of 0.59. 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 business's 50 day moving average is GBX 234.73 and its two-hundred day moving average is GBX 225.37.

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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