3i Group (LON:III) Insider Simon Borrows Purchases 30,000 Shares

3i Group (LON:III) insider Simon Borrows bought 30,000 shares of the stock in a transaction on Thursday, January 29th. The stock was purchased at an average cost of GBX 3,490 per share, with a total value of £1,047,000.

Simon Borrows also recently made the following trade(s):

• On Thursday, November 13th, Simon Borrows bought 30,000 shares of 3i Group stock. The shares were acquired at an average price of GBX 3,367 per share, for a total transaction of £1,010,100.

3i Group Price Performance

Shares of LON:III opened at GBX 3,367.99 on Friday. 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 52 week low of GBX 2,957 and a 52 week high of GBX 4,497. The firm has a market cap of £33.23 billion, a PE ratio of 5.19, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. The firm’s fifty day moving average is GBX 3,204.38 and its 200-day moving average is GBX 3,777.72.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft lowered their target price on 3i Group from GBX 4,300 to GBX 4,200 and set a “buy” rating on the stock in a research report on Monday, January 12th. UBS Group reaffirmed a “buy” rating and issued a GBX 4,000 price objective on shares of 3i Group in a research note on Friday, January 16th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of 3i Group in a research report on Monday, November 17th. Citigroup restated a “buy” rating and issued a GBX 4,800 target price on shares of 3i Group in a report on Friday, November 14th. Finally, Royal Bank Of Canada downgraded 3i Group to an “underperform” rating and cut their price target for the company from GBX 3,250 to GBX 3,000 in a research note on Monday, January 26th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 4,000.

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.