Deutsche Bank Aktiengesellschaft Cuts 3i Group (LON:III) Price Target to GBX 4,200

3i Group (LON:III) had its target price trimmed by Deutsche Bank Aktiengesellschaft from GBX 4,300 to GBX 4,200 in a report issued on Monday morning, MarketBeat reports. The brokerage currently has a buy rating on the stock.

Several other research analysts also recently commented on III. Citigroup reaffirmed a “buy” rating and issued a GBX 4,800 price objective on shares of 3i Group in a report on Friday, November 14th. UBS Group reaffirmed a “buy” rating and issued a GBX 4,700 price target on shares of 3i Group in a report on Friday, November 7th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of 3i Group in a research note on Monday, November 17th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 4,566.67.

3i Group Trading Down 0.7%

Shares of III opened at GBX 3,041.15 on Monday. The business has a 50-day moving average of GBX 3,305.41 and a 200 day moving average of GBX 3,848.24. 3i Group has a fifty-two week low of GBX 2,957 and a fifty-two week high of GBX 4,497. The firm has a market cap of £30.00 billion, a P/E ratio of 4.69, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. The company has a debt-to-equity ratio of 6.20, a quick ratio of 0.09 and a current ratio of 3.25.

3i Group (LON:III) last released its quarterly earnings data on Thursday, November 13th. The company reported GBX 340.20 EPS for the quarter. 3i Group had a net margin of 96.45% and a return on equity of 19.97%. As a group, research analysts forecast that 3i Group will post 622.7106227 EPS for the current year.

Insider Activity at 3i Group

In related news, insider Peter McKellar bought 25,000 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were acquired at an average cost of GBX 3,446 per share, with a total value of £861,500. Also, insider James Hatchley purchased 15,000 shares of the stock in a transaction on Monday, November 17th. The shares were purchased at an average price of GBX 3,397 per share, for a total transaction of £509,550. Insiders have purchased a total of 81,677 shares of company stock valued at $277,535,494 in the last ninety days. 2.15% of the stock is currently owned by company insiders.

About 3i Group

3i is an investment company specialising in Private Equity and Infrastructure. We invest in mid-market companies headquartered in Europe and North America.

We generate attractive returns for our shareholders and co-investors by investing in private equity and infrastructure assets.

As proprietary capital investors we have a long-term, responsible approach.

We aim to compound value through thoughtful origination, disciplined investment and active management of our assets, driving sustainable growth in our investment companies.