3i Group (LON:III) Earns “Buy” Rating from UBS Group

3i Group (LON:III)‘s stock had its “buy” rating reaffirmed by investment analysts at UBS Group in a research note issued on Friday,London Stock Exchange reports. They currently have a GBX 4,000 price objective on the stock. UBS Group’s target price suggests a potential upside of 19.08% from the company’s current price.

A number of other analysts also recently issued reports on the company. Citigroup reaffirmed a “buy” rating and issued a GBX 4,800 target price on shares of 3i Group in a research note on Friday, November 14th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of 3i Group in a research note on Monday, November 17th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of 3i Group from GBX 4,300 to GBX 4,200 and set a “buy” rating on the stock in a report on Monday. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of GBX 4,333.33.

3i Group Price Performance

Shares of LON:III traded up GBX 18 during midday trading on Friday, hitting GBX 3,359. The company’s stock had a trading volume of 261,636,344 shares, compared to its average volume of 37,612,289. The company has a market cap of £33.14 billion, a P/E ratio of 5.18, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. 3i Group has a 12-month low of GBX 2,957 and a 12-month high of GBX 4,497. The business’s 50 day simple moving average is GBX 3,284.29 and its 200 day simple moving average is GBX 3,843.66. 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%. On average, analysts forecast that 3i Group will post 622.7106227 EPS for the current year.

Insider Activity at 3i Group

In other news, insider Jasi Halai bought 10 shares of the business’s stock in a transaction on Monday, December 1st. The shares were bought at an average price of GBX 3,229 per share, with a total value of £322.90. Also, insider James Hatchley purchased 15,000 shares of the stock in a transaction dated Monday, November 17th. The shares were purchased at an average price of GBX 3,397 per share, with a total value of £509,550. Insiders have bought a total of 81,677 shares of company stock worth $277,535,494 over the last quarter. Company insiders own 2.15% of the company’s stock.

3i Group Company Profile

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.