Petershill Partners (LON:PHLL) Reaches New 12-Month High Following Analyst Upgrade

Shares of Petershill Partners (LON:PHLL) reached a new 52-week high during mid-day 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. The stock had previously closed at GBX 231 ($3.10).

A number of other research analysts also recently weighed in on PHLL. Berenberg Bank restated a “buy” rating and set a GBX 320 price target on shares of Petershill Partners in a report on Tuesday, July 22nd. 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 report on Thursday, August 7th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Petershill Partners currently has an average rating of “Moderate Buy” and an average price target of GBX 311.33.

Petershill Partners Stock Down 0.5%

The business’s 50 day moving average is GBX 237.53 and its 200-day moving average is GBX 226.23. 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 firm has a market capitalization 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.

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.