Partners Group (OTCMKTS:PGPHF) Sees Strong Trading Volume – Time to Buy?

Shares of Partners Group Holding AG (OTCMKTS:PGPHF) saw unusually-high trading volume on Tuesday . Approximately 352 shares were traded during mid-day trading, an increase of 252% from the previous session’s volume of 100 shares.The stock last traded at $1,236.67 and had previously closed at $1,253.49.

Analysts Set New Price Targets

Separately, Citigroup reiterated a “buy” rating on shares of Partners Group in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Partners Group presently has a consensus rating of “Buy”.

Partners Group Price Performance

The stock’s fifty day simple moving average is $1,269.55 and its two-hundred day simple moving average is $1,282.59. The company has a market capitalization of $31.98 billion and a price-to-earnings ratio of 89.62.

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.