Petershill Partners (LON:PHLL) Receives Buy Rating from Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Petershill Partners (LON:PHLL) in a research report sent to investors on Wednesday, MarketBeat reports. They currently have a GBX 235 ($3.10) target price on the stock.

Separately, Deutsche Bank Aktiengesellschaft restated a buy rating and issued a GBX 245 ($3.24) target price on shares of Petershill Partners in a research note on Thursday, September 5th.

Petershill Partners Trading Up 0.9 %

LON PHLL opened at GBX 225.50 ($2.98) on Wednesday. The company has a debt-to-equity ratio of 10.22, a quick ratio of 6.11 and a current ratio of 4.56. Petershill Partners has a one year low of GBX 140 ($1.85) and a one year high of GBX 229 ($3.03). The company has a 50-day simple moving average of GBX 218.09 and a 200-day simple moving average of GBX 204.89. The firm has a market capitalization of £2.44 billion, a PE ratio of 1,025.00, a price-to-earnings-growth ratio of 1.24 and a beta of 0.59.

Petershill Partners Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, September 26th will be paid a $0.14 dividend. This represents a yield of 4.83%. This is a boost from Petershill Partners’s previous dividend of $0.10. The ex-dividend date of this dividend is Thursday, September 26th. Petershill Partners’s dividend payout ratio (DPR) is presently 5,454.55%.

Petershill Partners Company Profile

Petershill Partners PLC operates as a general partner solutions investment firm. It provides capital and strategic support to asset managers through minority stake acquisitions. The company was formerly known as Delta Epsilon plc and changed its name to Petershill Partners PLC in September 2, 2021. The company was founded in 2007 and is based in London, the United Kingdom.