Partners Group (OTCMKTS:PGPHF) Shares Gap Down – What’s Next?

Shares of Partners Group Holding AG (OTCMKTS:PGPHF) gapped down before the market opened on Friday . The stock had previously closed at $1,298.88, but opened at $1,220.1899. Partners Group shares last traded at $1,262.24, with a volume of 129 shares.

Wall Street Analysts Forecast Growth

Separately, Citigroup restated a “buy” rating on shares of Partners Group in a research report on Thursday, January 15th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Partners Group currently has a consensus rating of “Buy”.

Partners Group Price Performance

The stock has a 50-day moving average of $1,267.42 and a 200-day moving average of $1,285.90. The firm has a market cap of $32.74 billion and a price-to-earnings ratio of 89.62.

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.