Citigroup Inc. Increases 3i Group Plc Price Target to GBX 410 (III)
Equities researchers at Citigroup Inc. hoisted their price objective on shares of 3i Group Plc (LON:III) from GBX 366 ($6.17) to GBX 410 ($6.92) in a research report issued on Tuesday, American Banking News.com reports. The firm currently has a “buy” rating on the stock. Citigroup Inc.’s price objective would indicate a potential upside of 7.44% from the stock’s previous close.
Shares of 3i Group Plc (LON:III) traded down 0.62% during mid-day trading on Tuesday, hitting GBX 381.60. 1,374,404 shares of the company’s stock traded hands. 3i Group Plc has a one year low of GBX 308.25 and a one year high of GBX 423.40. The stock has a 50-day moving average of GBX 407.1 and a 200-day moving average of GBX 381.6. The company’s market cap is £3.602 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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