3i Group (LON:III) Receives Buy Rating from UBS Group

UBS Group reiterated their buy rating on shares of 3i Group (LON:III) in a report released on Wednesday morning, MarketBeat.com reports. They currently have a GBX 4,000 target price on the stock.

III has been the subject of a number of other reports. Royal Bank Of Canada cut 3i Group to an “underperform” rating and cut their price target for the company from GBX 3,250 to GBX 3,000 in a report on Monday, January 26th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of 3i Group from GBX 4,300 to GBX 4,200 and set a “buy” rating on the stock in a report on Monday, January 12th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 3,870.

3i Group Price Performance

3i Group stock opened at GBX 2,780 on Wednesday. The business’s fifty day moving average is GBX 3,177.57 and its two-hundred day moving average is GBX 3,522.11. The company has a debt-to-equity ratio of 4.59, a quick ratio of 0.09 and a current ratio of 5.32. The firm has a market cap of £28.30 billion, a P/E ratio of 4.28, a P/E/G ratio of -0.35 and a beta of 1.02. 3i Group has a 52 week low of GBX 2,584 and a 52 week high of GBX 4,497.

Insider Buying and Selling

In other news, insider Simon Borrows acquired 30,000 shares of the firm’s stock in a transaction on Thursday, January 29th. The shares were purchased at an average cost of GBX 3,490 per share, for a total transaction of £1,047,000. In the last 90 days, insiders acquired 30,009 shares of company stock valued at $104,729,139. 2.08% of the stock is currently owned by company insiders.

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.