Jefferies Financial Group Reiterates “Buy” Rating for 3i Infrastructure (LON:3IN)

3i Infrastructure (LON:3IN)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Financial Group in a report released on Wednesday,London Stock Exchange reports.

Separately, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 450 price target on shares of 3i Infrastructure in a report on Tuesday, January 27th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 450.

3i Infrastructure Price Performance

Shares of LON 3IN opened at GBX 359.35 on Wednesday. The company has a market cap of £3.31 billion, a price-to-earnings ratio of 7.85 and a beta of 0.50. The company has a debt-to-equity ratio of 15.26, a current ratio of 0.85 and a quick ratio of 0.57. 3i Infrastructure has a 1-year low of GBX 319 and a 1-year high of GBX 387.50. The stock’s 50-day moving average is GBX 351.17 and its two-hundred day moving average is GBX 359.53.

3i Infrastructure (LON:3IN) last released its earnings results on Tuesday, May 12th. The company reported GBX 32 earnings per share (EPS) for the quarter. 3i Infrastructure had a return on equity of 10.77% and a net margin of 92.78%.The business had revenue of £409 million for the quarter. Analysts forecast that 3i Infrastructure will post 2039.0836962 EPS for the current fiscal year.

3i Infrastructure Company Profile

3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company, an approved UK Investment Trust, listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. The Company’s purpose is to deliver a long-term sustainable return to shareholders from investing in infrastructure.

3i Investments plc, a wholly-owned subsidiary of 3i Group plc, is authorised and regulated in the UK by the Financial Conduct Authority and acts as Investment Manager to 3i Infrastructure plc.