Partners Group (OTCMKTS:PGPHF) Shares Gap Up – Time to Buy?

Partners Group Holding AG (OTCMKTS:PGPHF) gapped up prior to trading on Monday . The stock had previously closed at $820.0901, but opened at $855.0650. Partners Group shares last traded at $855.0650, with a volume of 65 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on PGPHF shares. Citigroup downgraded shares of Partners Group from a “buy” rating to a “sell” rating in a research note on Monday, April 13th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Partners Group in a research note on Monday, June 22nd. UBS Group lowered shares of Partners Group from a “buy” rating to a “neutral” rating in a report on Wednesday. Finally, Oddo Bhf cut shares of Partners Group to a “neutral” rating in a research report on Monday, June 8th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Partners Group presently has an average rating of “Reduce”.

Partners Group Stock Down 0.3%

The company’s fifty day moving average price is $972.01 and its two-hundred day moving average price is $1,107.22. The company has a market cap of $21.75 billion and a price-to-earnings ratio of 20,962.50.

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 during the quarter.

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.