Partners Group (OTCMKTS:PGPHF) Shares Gap Down – Time to Sell?

Partners Group Holding AG (OTCMKTS:PGPHF)’s share price gapped down prior to trading on Monday. The stock had previously closed at $755.18, but opened at $730.00. Partners Group shares last traded at $730.00, with a volume of 6 shares traded.

Analysts Set New Price Targets

PGPHF has been the subject of several recent analyst reports. UBS Group cut shares of Partners Group from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 8th. The Goldman Sachs Group reiterated a “neutral” rating on shares of Partners Group in a research note on Monday, June 22nd. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Partners Group Price Performance

The company has a market cap of $19.04 billion and a PE ratio of 12,233.33. The company has a fifty day moving average price of $828.24 and a 200 day moving average price of $936.40.

Partners Group (OTCMKTS:PGPHF) last announced its earnings results on Friday, August 14th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $11.71 million during the quarter.

Partners Group Company Profile

Partners Group Holding AG is a Switzerland-based global investment manager specializing in private markets. The company provides access to investments that are not typically traded on public exchanges, including private equity, private debt, infrastructure and private real estate.

Partners Group develops and manages customized portfolios and investment solutions for institutional investors, sovereign wealth funds, family offices, private banks and other qualified clients. Its activities may include investing directly in companies and assets, acquiring interests through secondary transactions, and managing diversified private-market programs.

Founded in 1996, Partners Group is headquartered in Baar, Switzerland, and serves clients internationally through a global network of offices and investment professionals.