Petershill Partners (LON:PHLL) Sets New 52-Week High – Still a Buy?

Petershill Partners (LON:PHLL)’s stock price hit a new 52-week high on Wednesday . The company traded as high as GBX 325 and last traded at GBX 313.50, with a volume of 651088 shares traded. The stock had previously closed at GBX 312.50.

Analyst Upgrades and Downgrades

PHLL has been the topic of several research reports. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Petershill Partners from GBX 265 to GBX 309 and gave the company a “hold” rating in a research report on Thursday, September 25th. Berenberg Bank reissued a “buy” rating and set a GBX 320 target price on shares of Petershill Partners in a report on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. raised 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. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 311.33.

Petershill Partners Price Performance

The firm has a market capitalization of £3.39 billion, a PE ratio of 3.63, 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 287.68 and its two-hundred day moving average is GBX 246.62.

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.