3i Group (LON:III) Sets New 1-Year Low – Time to Sell?

3i Group (LON:III)’s share price reached a new 52-week low during trading on Saturday . The stock traded as low as GBX 330.40 and last traded at GBX 3,317.28, with a volume of 550380313 shares traded. The stock had previously closed at GBX 3,360.

Analyst Ratings Changes

III has been the subject of a number of analyst reports. UBS Group reaffirmed a “buy” rating and issued a GBX 4,700 price target on shares of 3i Group in a research note on Friday, November 7th. Citigroup reaffirmed a “buy” rating and set a GBX 4,800 price objective on shares of 3i Group in a research note on Friday. JPMorgan Chase & Co. reissued an “overweight” rating on shares of 3i Group in a research report on Friday, July 25th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of 3i Group from GBX 4,600 to GBX 4,300 and set a “buy” rating for the company in a research report on Thursday. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, 3i Group currently has a consensus rating of “Buy” and a consensus price target of GBX 4,600.

3i Group Stock Down 1.3%

The firm’s fifty day moving average is GBX 4,144.45 and its 200-day moving average is GBX 4,127.94. The company has a market capitalization of £32.69 billion, a P/E ratio of 6.37, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. 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 (LON:III) last issued its quarterly earnings results on Thursday, November 13th. The company reported GBX 340.20 earnings per share (EPS) for the quarter. 3i Group had a net margin of 96.45% and a return on equity of 19.97%. As a group, equities research analysts predict that 3i Group will post 622.7106227 EPS for the current year.

Insider Buying and Selling at 3i Group

In related news, insider Peter McKellar purchased 4,000 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The shares were purchased at an average cost of GBX 3,345 per share, for a total transaction of £133,800. Also, insider Simon Borrows acquired 30,000 shares of the business’s stock in a transaction on Thursday, November 13th. The stock was acquired at an average price of GBX 3,367 per share, with a total value of £1,010,100. Insiders bought a total of 34,007 shares of company stock worth $114,419,647 over the last ninety days. Insiders own 2.14% of the company’s stock.

3i Group Company Profile

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.