3i Group plc Stock Rating Reaffirmed by RBC Capital (III)
Shares of 3i Group plc (LON:III) traded up 1.45% on Friday, hitting GBX 405.70. The stock had a trading volume of 1,507,162 shares. 3i Group plc has a 52 week low of GBX 327.20 and a 52 week high of GBX 436.80. The stock’s 50-day moving average is GBX 407.1 and its 200-day moving average is GBX 381.6. The company’s market cap is £3.834 billion.
The company also recently declared a dividend, which is scheduled for Friday, July 25th. Shareholders of record on Wednesday, June 18th will be given a dividend of GBX 13.30 ($0.23) per share. This represents a yield of 3.32%. The ex-dividend date of this dividend is Wednesday, June 18th.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of 3i Group plc in a research note on Friday, June 13th. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of 3i Group plc in a research note on Wednesday, June 11th. Finally, analysts at Barclays reiterated an “overweight” rating on shares of 3i Group plc in a research note on Monday, June 9th. They now have a GBX 485 ($8.25) price target on the stock. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. 3i Group plc has a consensus rating of “Buy” and a consensus target price of GBX 438 ($7.45).
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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