Partners Group (OTCMKTS:PGPHF) Shares Gap Up – Should You Buy?

Partners Group Holding AG (OTCMKTS:PGPHF) shares gapped up before the market opened on Friday . The stock had previously closed at $880.1250, but opened at $922.97. Partners Group shares last traded at $908.1413, with a volume of 6 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Citigroup lowered shares of Partners Group from a “buy” rating to a “sell” rating in a research report on Monday, April 13th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Partners Group currently has an average rating of “Sell”.

Partners Group Stock Up 2.0%

The stock has a 50-day simple moving average of $1,106.63 and a 200-day simple moving average of $1,165.80. The firm has a market capitalization of $23.56 billion and a PE ratio of 89.62.

Partners Group (OTCMKTS:PGPHF) last issued its quarterly earnings results on Friday, May 15th. The company reported $0.04 EPS for the quarter. The firm had revenue of $11.20 million for the quarter.

About Partners Group

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.