Partners Group (OTCMKTS:PGPHF) Shares Gap Down – Should You Sell?

Partners Group Holding AG (OTCMKTS:PGPHF)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $1,050.49, but opened at $1,001.00. Partners Group shares last traded at $1,048.5972, with a volume of 45 shares changing hands.

Wall Street Analysts Forecast Growth

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

Partners Group Price Performance

The business’s 50 day moving average price is $1,235.11 and its 200 day moving average price is $1,249.05. The stock has a market capitalization of $26.46 billion and a P/E 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.