Partners Group (OTCMKTS:PGPHF) Shares Gap Down – Here’s What Happened

Partners Group Holding AG (OTCMKTS:PGPHF)’s share price gapped down before the market opened on Friday . The stock had previously closed at $828.00, but opened at $800.00. Partners Group shares last traded at $799.99, with a volume of 2 shares traded.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. The Goldman Sachs Group reissued a “neutral” rating on shares of Partners Group in a report on Monday, June 22nd. Oddo Bhf downgraded Partners Group to a “neutral” rating in a research note on Monday, June 8th. Finally, UBS Group cut shares of Partners Group from a “buy” rating to a “neutral” rating in a report on Wednesday, July 8th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Partners Group Trading Down 0.3%

The firm has a market cap of $20.75 billion and a P/E ratio of 13,333.17. The company’s 50-day moving average is $859.66 and its two-hundred day moving average is $977.41.

Partners Group (OTCMKTS:PGPHF) last issued its quarterly earnings data on Friday, August 14th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $11.71 million during the quarter.

About Partners Group

Partners Group Holding AG is a Switzerland-based global private markets investment manager. The company provides access to private market investments through funds, customized portfolios and other investment solutions designed for institutional investors, sovereign wealth funds, family offices and private-wealth clients.

Its investment activities span private equity, private debt, private real estate and private infrastructure. Partners Group typically invests in companies, properties, infrastructure assets and credit opportunities, working to create value through active ownership, operational improvements and long-term asset management.

Founded in 1996, Partners Group is headquartered in Baar, Switzerland, and serves clients internationally through offices and investment activities across major markets in Europe, the Americas and the Asia-Pacific region.