Shares of 3i Infrastructure plc (LON:3IN – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday. The stock traded as high as GBX 405 and last traded at GBX 404.87, with a volume of 73,896 shares traded. The stock had previously closed at GBX 400.
Analysts Set New Price Targets
3IN has been the topic of a number of analyst reports. Canaccord Genuity Group restated a “hold” rating on shares of 3i Infrastructure in a research report on Wednesday, September 30th. Jefferies Financial Group reaffirmed a “buy” rating on shares of 3i Infrastructure in a report on Thursday, October 1st. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 450.
View Our Latest Report on 3i Infrastructure
3i Infrastructure Stock Performance
The company has a current ratio of 0.85, a quick ratio of 0.57 and a debt-to-equity ratio of 15.26. The firm’s fifty day moving average is GBX 391.94 and its 200 day moving average is GBX 372.54. The company has a market cap of £3.77 billion, a PE ratio of 12.77 and a beta of 0.50.
3i Infrastructure (LON:3IN – Get Free Report) last posted its quarterly earnings data on Tuesday, November 10th. The company reported GBX 18 earnings per share (EPS) for the quarter. The business had revenue of £101 million for the quarter. 3i Infrastructure had a net margin of 92.78% and a return on equity of 10.77%. As a group, research analysts predict that 3i Infrastructure plc will post 2039.08 EPS for the current fiscal year.
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.
Read More
- Five stocks we like better than 3i Infrastructure
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Receive News & Ratings for 3i Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 3i Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.
