Partners Group (OTCMKTS:PGPHF) Reaches New 52-Week Low – What’s Next?

Partners Group Holding AG (OTCMKTS:PGPHF) shares hit a new 52-week low on Thursday . The company traded as low as $730.00 and last traded at $734.07, with a volume of 31 shares trading hands. The stock had previously closed at $762.00.

Wall Street Analysts Forecast Growth

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

Partners Group Trading Down 5.1%

The stock has a market capitalization of $18.68 billion and a PE ratio of 12,000.00. The business’s 50-day moving average is $847.05 and its two-hundred day moving average is $956.13.

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

Partners Group Company Profile

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.