Partners Group (OTCMKTS:PGPHF) Sees Large Volume Increase – What’s Next?

Partners Group Holding AG (OTCMKTS:PGPHF) shares saw unusually-high trading volume on Tuesday . Approximately 352 shares traded hands during 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 restated a “buy” rating on shares of Partners Group in a research report on Thursday, January 15th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Partners Group Stock Down 2.3%

The firm’s 50 day simple moving average is $1,269.55 and its 200 day simple moving average is $1,282.59. The company has a market cap of $31.98 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.