HarbourVest Global Private Equity (LON:HVPE) Reaches New 1-Year High – Still a Buy?

HarbourVest Global Private Equity Ltd. (LON:HVPE) hit a new 52-week high on Monday . The company traded as high as GBX 3,175 and last traded at GBX 3,139.59, with a volume of 108814 shares trading hands. The stock had previously closed at GBX 3,151.62.

Analysts Set New Price Targets

Separately, Stifel Nicolaus reaffirmed a “buy” rating on shares of HarbourVest Global Private Equity in a research report on Thursday, October 30th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, HarbourVest Global Private Equity has an average rating of “Buy”.

HarbourVest Global Private Equity Trading Down 0.2%

The company has a market cap of £2.26 billion, a P/E ratio of 6.76 and a beta of 0.62. The business has a fifty day simple moving average of GBX 3,087.13 and a 200 day simple moving average of GBX 2,906.95. The company has a debt-to-equity ratio of 7.01, a quick ratio of 143.41 and a current ratio of 18.64.

HarbourVest Global Private Equity Company Profile

HVPE exists to provide easy access to a diversified global portfolio of high-quality private companies by investing in HarbourVest-managed funds, through which we help support innovation and growth in a responsible manner, creating value for all our stakeholders.

Our focus is on building a comprehensive global portfolio of the highest quality investments, in a proactive yet measured way, with the strength of our balance sheet underpinning everything we do.

Our multi-layered investment approach creates diversification, helping to spread risk, and is fundamental to our aim of creating a portfolio that no individual investor can replicate.