Petershill Partners (LON:PHLL) Hits New 52-Week High Following Analyst Upgrade

Petershill Partners (LON:PHLL) reached a new 52-week high during trading on Friday after Deutsche Bank Aktiengesellschaft raised their price target on the stock from GBX 265 to GBX 309. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock. Petershill Partners traded as high as GBX 310.50 ($4.16) and last traded at GBX 307.84 ($4.13), with a volume of 23210611 shares trading hands. The stock had previously closed at GBX 231 ($3.10).

Other equities research analysts have also issued research reports about the stock. JPMorgan Chase & Co. raised their price target on shares of Petershill Partners from GBX 298 to GBX 305 and gave the company an “overweight” rating in a research note on Thursday, August 7th. Berenberg Bank restated a “buy” rating and issued a GBX 320 price target on shares of Petershill Partners in a research note on Tuesday, July 22nd. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Petershill Partners has an average rating of “Moderate Buy” and a consensus price target of GBX 311.33.

Petershill Partners Stock Down 0.5%

The company has a quick ratio of 6.11, a current ratio of 1.40 and a debt-to-equity ratio of 10.41. The firm has a market cap of £3.34 billion, a price-to-earnings ratio of 406.94, a price-to-earnings-growth ratio of 1.24 and a beta of 0.59. The stock’s 50 day moving average is GBX 237.53 and its 200 day moving average is GBX 226.23.

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.