Canaccord Genuity Group Reaffirms “Hold” Rating for 3i Infrastructure (LON:3IN)

3i Infrastructure (LON:3IN)‘s stock had its “hold” rating reaffirmed by equities research analysts at Canaccord Genuity Group in a report issued on Wednesday, Digital Look reports.

Separately, Jefferies Financial Group reiterated a “buy” rating on shares of 3i Infrastructure in a research note on Friday, June 26th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 450.

3i Infrastructure Price Performance

Shares of LON 3IN opened at GBX 394.60 on Wednesday. The company has a 50 day simple moving average of GBX 388.28 and a two-hundred day simple moving average of GBX 372.49. 3i Infrastructure has a fifty-two week low of GBX 325 and a fifty-two week high of GBX 399.50. The company has a market capitalization of £3.64 billion, a price-to-earnings ratio of 12.33 and a beta of 0.50. The company has a debt-to-equity ratio of 15.26, a quick ratio of 0.57 and a current ratio of 0.85.

About 3i Infrastructure

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.