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

Petershill Partners (LON:PHLL) shares hit a new 52-week high during trading on Wednesday . The stock 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

A number of equities research analysts have issued reports on the stock. Berenberg Bank restated a “buy” rating and set a GBX 320 price target on shares of Petershill Partners in a report on Tuesday, July 22nd. Deutsche Bank Aktiengesellschaft lifted their price target on Petershill Partners from GBX 265 to GBX 309 and gave the stock a “hold” rating in a research report on Thursday, September 25th. Finally, JPMorgan Chase & Co. increased their price objective on Petershill Partners from GBX 298 to GBX 305 and gave the company an “overweight” rating in a research report on Thursday, August 7th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 311.33.

Petershill Partners Stock Performance

The company has a quick ratio of 6.11, a current ratio of 1.40 and a debt-to-equity ratio of 10.41. The firm has a 50-day moving average of GBX 284.65 and a 200 day moving average of GBX 245.69. The stock has a market capitalization of £3.41 billion, a P/E ratio of 3.64, a PEG ratio of 1.24 and a beta of 0.59.

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.