Partners Group (OTCMKTS:PGPHF) Sees Strong Trading Volume – Should You Buy?

Partners Group Holding AG (OTCMKTS:PGPHF) saw an uptick in trading volume on Friday . 1,151 shares were traded during trading, an increase of 851% from the previous session’s volume of 121 shares.The stock last traded at $900.00 and had previously closed at $869.40.

Analysts Set New Price Targets

Several research analysts have recently issued reports on PGPHF shares. Oddo Bhf cut Partners Group to a “neutral” rating in a research note on Monday. Citigroup lowered Partners Group from a “buy” rating to a “sell” rating in a research note on Monday, April 13th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Partners Group has an average rating of “Reduce”.

Partners Group Stock Up 2.4%

The company has a market cap of $23.08 billion and a PE ratio of 89.62. The stock has a 50-day simple moving average of $1,093.69 and a 200 day simple moving average of $1,157.46.

Partners Group (OTCMKTS:PGPHF) last posted its quarterly earnings data on Friday, May 15th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $11.20 million during the quarter.

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.