Partners Group (OTCMKTS:PGPHF) Shares Gap Down – Here’s What Happened

Partners Group Holding AG (OTCMKTS:PGPHF) shares gapped down prior to trading on Friday . The stock had previously closed at $1,298.88, but opened at $1,220.1899. Partners Group shares last traded at $1,262.24, with a volume of 129 shares changing hands.

Analysts Set New Price Targets

Separately, Citigroup restated a “buy” rating on shares of Partners Group in a research note on Thursday, January 15th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy”.

Partners Group Trading Up 0.7%

The company has a fifty day moving average price of $1,268.42 and a two-hundred day moving average price of $1,284.10. The firm has a market capitalization of $32.74 billion and a PE ratio of 89.62.

Partners Group Company Profile

Partners Group Holding AG (OTCMKTS: PGPHF) is a global private markets investment manager that specializes in private equity, private debt, private real estate and private infrastructure. The firm develops tailored investment solutions for institutional investors, sovereign wealth funds, family offices and high-net-worth individuals. Its services include direct investments, primary fund commitments and secondary market transactions, as well as customized portfolio and advisory offerings.

Founded in 1996 and headquartered in Baar, Switzerland, Partners Group completed its initial public offering on the SIX Swiss Exchange in 2006.