Jefferies Financial Group Reaffirms Buy Rating for 3i Infrastructure (LON:3IN)

3i Infrastructure (LON:3IN)‘s stock had its “buy” rating reissued by equities research analysts at Jefferies Financial Group in a research note issued to investors on Friday,Digital Look reports.

3i Infrastructure Stock Performance

Shares of 3IN stock traded down GBX 0.50 during trading hours on Friday, reaching GBX 378. The company had a trading volume of 1,252,526 shares, compared to its average volume of 2,802,830. The business has a fifty day moving average price of GBX 368.38 and a 200-day moving average price of GBX 361.49. 3i Infrastructure has a one year low of GBX 325 and a one year high of GBX 387.50. The firm has a market cap of £3.49 billion, a PE ratio of 11.81 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.

3i Infrastructure (LON:3IN) last posted its quarterly earnings data on Tuesday, May 12th. The company reported GBX 32 EPS for the quarter. 3i Infrastructure had a return on equity of 10.77% and a net margin of 92.78%.The company had revenue of £409 million during the quarter. Sell-side analysts predict that 3i Infrastructure will post 2039.0836962 earnings per share 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.