Pershing Square (OTCMKTS:PSHZF) Upgraded to “Hold” at Jefferies Financial Group

Pershing Square (OTCMKTS:PSHZF – Get Free Report) was upgraded by equities researchers at Jefferies Financial Group to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

PSHZF has been the subject of a number of other reports. UBS Group set a $40.00 target price on Pershing Square in a research note on Tuesday, May 26th. Royal Bank Of Canada started coverage on shares of Pershing Square in a report on Tuesday, May 26th. They issued a “sector perform” rating on the stock. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $40.00.

Get Pershing Square alerts:

Get Our Latest Stock Report on PSHZF

Pershing Square Trading Up 0.0%

Shares of PSHZF stock opened at $50.52 on Tuesday. The stock has a 50 day moving average of $53.18 and a two-hundred day moving average of $57.22. The company has a current ratio of 2.49, a quick ratio of 2.49 and a debt-to-equity ratio of 0.24. Pershing Square has a 12 month low of $48.12 and a 12 month high of $68.25.

Pershing Square Company Profile

(Get Free Report)

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) is a Guernsey-registered closed-ended investment company that offers public investors access to the concentrated investment strategy of Pershing Square Capital Management, L.P. Founded by William “Bill” Ackman, the firm employs a value-oriented, fundamental approach to equity investing, often engaging in activist campaigns to unlock shareholder value. Since its launch in April 2012, Pershing Square Holdings has built a portfolio of high-conviction positions in a select group of publicly traded companies, predominantly in North America and Western Europe.

As a holding company, Pershing Square Holdings does not originate new funds but rather issues ordinary shares to investors seeking exposure to the flagship strategy of Pershing Square Capital.

Recommended Stories

• Five stocks we like better than Pershing Square
• Apple and Broadcom Forge a Decade-Long Silicon Fortress
• SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
• The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
• Palantir’s CEO Just Called Out OpenAI and Anthropic

Receive News & Ratings for Pershing Square Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pershing Square and related companies with MarketBeat.com's FREE daily email newsletter.