Partners Group (OTCMKTS:PGPHF) Shares Gap Down – Here’s Why
by Tristan Rich · The Markets DailyPartners Group Holding AG (OTCMKTS:PGPHF – Get Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $1,070.00, but opened at $1,007.00. Partners Group shares last traded at $1,007.00, with a volume of 3 shares.
Analysts Set New Price Targets
Separately, Citigroup reissued a “buy” rating on shares of Partners Group in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Partners Group has a consensus rating of “Buy”.
Check Out Our Latest Report on PGPHF
Partners Group Trading Up 1.0%
The stock’s 50 day moving average price is $1,214.60 and its two-hundred day moving average price is $1,236.78. The firm has a market capitalization of $26.68 billion and a price-to-earnings 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.