3i Group (LON:III) Stock Rating Upgraded by UBS Group

3i Group (LON:III) was upgraded by stock analysts at UBS Group to a “buy” rating in a note issued to investors on Thursday, MarketBeat reports. The brokerage currently has a GBX 4,700 price objective on the stock, up from their prior price objective of GBX 4,450. UBS Group’s price target would suggest a potential upside of 8.55% from the company’s current price.

A number of other equities research analysts also recently weighed in on the company. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of 3i Group in a report on Friday, July 25th. Deutsche Bank Aktiengesellschaft lifted their target price on 3i Group from GBX 4,500 to GBX 4,600 and gave the stock a “buy” rating in a report on Thursday, September 25th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 4,716.67.

3i Group Trading Up 0.5%

Shares of III stock opened at GBX 4,330 on Thursday. The company has a market cap of £41.80 billion, a P/E ratio of 831.73, a PEG ratio of -0.35 and a beta of 1.01. The stock has a 50 day simple moving average of GBX 4,016.40 and a two-hundred day simple moving average of GBX 4,035.13. The company has a debt-to-equity ratio of 6.20, a quick ratio of 0.09 and a current ratio of 3.25. 3i Group has a fifty-two week low of GBX 3,141.46 and a fifty-two week high of GBX 4,426.

About 3i Group

3i is an investment company specialising in Private Equity and Infrastructure. We invest in mid-market companies headquartered in Europe and North America.

We generate attractive returns for our shareholders and co-investors by investing in private equity and infrastructure assets.

As proprietary capital investors we have a long-term, responsible approach.

We aim to compound value through thoughtful origination, disciplined investment and active management of our assets, driving sustainable growth in our investment companies.