Citigroup Reiterates Buy Rating for 3i Group (LON:III)

Citigroup reissued their buy rating on shares of 3i Group (LON:III) in a research note released on Tuesday, MarketBeat reports. The brokerage currently has a GBX 4,850 ($64.19) price target on the stock.

Separately, JPMorgan Chase & Co. restated a “top pick” rating on shares of 3i Group in a research report on Tuesday, January 7th.

3i Group Price Performance

Shares of LON III opened at GBX 3,904 ($51.67) on Tuesday. 3i Group has a 12 month low of GBX 2,750 ($36.39) and a 12 month high of GBX 4,153.60 ($54.97). The company has a debt-to-equity ratio of 6.20, a current ratio of 3.25 and a quick ratio of 0.09. The stock has a market capitalization of £37.69 billion, a price-to-earnings ratio of 9.85, a PEG ratio of -0.35 and a beta of 1.01. The firm’s 50 day simple moving average is GBX 3,834.68 and its 200-day simple moving average is GBX 3,639.98.

About 3i Group

3i is an investment company with two complementary businesses, Private Equity and Infrastructure.

We focus on opportunities where our sector and investment expertise, combined with our international presence and strong capital position, can create material value for our stakeholders.