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

Partners Group Holding AG (OTCMKTS:PGPHF) gapped up prior to trading on Monday . The stock had previously closed at $1,088.2050, but opened at $1,140.0099. Partners Group shares last traded at $1,140.0099, with a volume of 1 shares changing hands.

Analysts Set New Price Targets

Separately, Citigroup downgraded Partners Group from a “buy” rating to a “sell” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Partners Group Stock Performance

The company’s fifty day moving average is $1,088.58 and its two-hundred day moving average is $1,184.83. The company has a market cap of $29.73 billion and a price-to-earnings 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.