3i Group (LON:III) Earns “Overweight” Rating from JPMorgan Chase & Co.

3i Group (LON:III)‘s stock had its “overweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a research report issued on Monday, Marketbeat reports.

Several other brokerages have also recently weighed in on III. Deutsche Bank Aktiengesellschaft decreased their price target on 3i Group from GBX 4,600 to GBX 4,300 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Citigroup reaffirmed a “buy” rating and set a GBX 4,800 price objective on shares of 3i Group in a research note on Friday, November 14th. Finally, UBS Group reiterated a “buy” rating and issued a GBX 4,700 target price on shares of 3i Group in a research note on Friday, November 7th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, 3i Group has an average rating of “Buy” and a consensus target price of GBX 4,600.

3i Group Price Performance

3i Group stock opened at GBX 3,276 on Monday. The firm has a market capitalization of £32.28 billion, a P/E ratio of 6.29, a PEG ratio of -0.35 and a beta of 1.01. 3i Group has a one year low of GBX 3,242 and a one year high of GBX 4,497. The company has a debt-to-equity ratio of 6.20, a current ratio of 3.25 and a quick ratio of 0.09. The business has a fifty day moving average price of GBX 4,119.79 and a 200-day moving average price of GBX 4,115.16.

3i Group (LON:III) last released its quarterly earnings data on Thursday, November 13th. The company reported GBX 340.20 earnings per share (EPS) for the quarter. 3i Group had a return on equity of 19.97% and a net margin of 96.45%. As a group, equities research analysts forecast that 3i Group will post 622.7106227 EPS for the current year.

Insider Activity at 3i Group

In other news, insider Peter McKellar acquired 25,000 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was purchased at an average cost of GBX 3,446 per share, for a total transaction of £861,500. Also, insider James Hatchley acquired 15,000 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were purchased at an average cost of GBX 3,397 per share, for a total transaction of £509,550. Over the last quarter, insiders purchased 81,662 shares of company stock valued at $277,490,407. 2.14% of the stock is currently owned by insiders.

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.