3i Group Plc Given Hold Rating at Liberum Capital (III)
3i Group Plc (LON:III)‘s stock had its “hold” rating reiterated by equities researchers at Liberum Capital in a research report issued on Friday, Analyst Ratings Network reports. They currently have a GBX 377 ($6.18) price objective on the stock. Liberum Capital’s price target indicates a potential downside of 3.13% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “overweight” rating on shares of 3i Group Plc in a research note to investors on Friday, January 3rd. They now have a GBX 430 ($7.05) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of 3i Group Plc in a research note to investors on Tuesday, November 19th. Finally, analysts at Societe Generale raised their price target on shares of 3i Group Plc from GBX 385 ($6.31) to GBX 415 ($6.81) in a research note to investors on Monday, October 28th. They now have a “buy” rating on the stock. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 318.88 ($5.23).
Shares of 3i Group Plc (LON:III) traded up 3.21% during mid-day trading on Friday, hitting GBX 389.20. The stock had a trading volume of 1,317,809 shares. 3i Group Plc has a 52-week low of GBX 2.3955 and a 52-week high of GBX 391.30. The stock’s 50-day moving average is GBX 3.73 and its 200-day moving average is GBX 3.68. The company’s market cap is £3.674 billion.
3i Group plc is an international investor focused on private equity, infrastructure and debt management, investing in Europe, Asia and the Americas.
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