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

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

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

Petershill Partners Stock Performance

Shares of Petershill Partners stock opened at GBX 222.50 ($2.94) on Wednesday. Petershill Partners has a 12 month low of GBX 140 ($1.85) and a 12 month high of GBX 229 ($3.03). The company has a quick ratio of 6.11, a current ratio of 4.56 and a debt-to-equity ratio of 10.22. The stock has a market cap of £2.40 billion, a PE ratio of 1,009.09, a price-to-earnings-growth ratio of 1.24 and a beta of 0.59. The business has a fifty day simple moving average of GBX 217.77 and a 200-day simple moving average of GBX 204.65.

Petershill Partners Increases Dividend

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

About Petershill Partners

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.