Partners Group (OTCMKTS:PGPHF) Shares Gap Up – Should You Buy?

Partners Group Holding AG (OTCMKTS:PGPHF) shares gapped up prior to trading on Friday . The stock had previously closed at $1,174.5620, but opened at $1,228.02. Partners Group shares last traded at $1,228.36, with a volume of 22 shares traded.

Analyst Upgrades and Downgrades

Separately, Citigroup reissued a “buy” rating on shares of Partners Group in a report on Thursday, January 15th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.

Partners Group Stock Performance

The stock has a market capitalization of $31.86 billion and a price-to-earnings ratio of 89.62. The company has a 50-day moving average of $1,271.53 and a 200-day moving average of $1,280.78.

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.