3i Group (LON:III – Get Rating)‘s stock had its “overweight” rating reiterated by stock analysts at Morgan Stanley in a research report issued to clients and investors on Wednesday, Digital Look reports.
Several other research analysts have also recently weighed in on the stock. Citigroup reiterated a “buy” rating and issued a GBX 1,444 ($17.80) price target on shares of 3i Group in a report on Friday, March 25th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of 3i Group in a report on Monday, March 28th. Barclays reiterated an “overweight” rating and issued a GBX 1,840 ($22.69) price target on shares of 3i Group in a report on Friday, May 6th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 380 ($4.68) price target on shares of 3i Group in a report on Thursday, March 24th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 1,288.80 ($15.89).
Shares of LON III opened at GBX 1,280.50 ($15.79) on Wednesday. The stock has a market cap of £12.46 billion and a P/E ratio of 4.43. The firm has a 50 day moving average price of GBX 1,314.99 and a 200 day moving average price of GBX 1,361.67. The company has a debt-to-equity ratio of 8.87, a quick ratio of 0.55 and a current ratio of 0.93. 3i Group has a 52-week low of GBX 1,071 ($13.20) and a 52-week high of GBX 1,507.50 ($18.59).
3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.
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