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

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

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

Petershill Partners Price Performance

Shares of LON PHLL opened at GBX 225.50 ($2.98) on Wednesday. The company has a quick ratio of 6.11, a current ratio of 4.56 and a debt-to-equity ratio of 10.22. Petershill Partners has a fifty-two week low of GBX 140 ($1.85) and a fifty-two week high of GBX 229 ($3.03). The business has a 50 day moving average price of GBX 218.09 and a two-hundred day moving average price of GBX 204.89. The firm has a market cap 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 company also recently declared a dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, September 26th will be paid a $0.14 dividend. This represents a yield of 4.83%. This is an increase from Petershill Partners’s previous dividend of $0.10. The ex-dividend date is Thursday, September 26th. Petershill Partners’s dividend payout ratio (DPR) 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.