Peter McKellar Acquires 4,000 Shares of 3i Group (LON:III) Stock

3i Group (LON:III) insider Peter McKellar bought 4,000 shares of the business’s stock in a transaction on Friday, November 14th. The stock was bought at an average price of GBX 3,345 per share, with a total value of £133,800.

3i Group Trading Down 1.3%

Shares of LON III opened at GBX 3,317.28 on Friday. The business has a 50 day simple moving average of GBX 4,144.45 and a 200 day simple moving average of GBX 4,128.63. 3i Group has a 52 week low of GBX 330.40 and a 52 week high of GBX 4,497. The stock has a market cap of £32.69 billion, a price-to-earnings ratio of 6.37, a PEG ratio of -0.35 and a beta of 1.01. 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 (LON:III) last announced its quarterly earnings results on Thursday, November 13th. The company reported GBX 340.20 EPS for the quarter. 3i Group had a net margin of 96.45% and a return on equity of 19.97%. On average, research analysts predict that 3i Group will post 622.7106227 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently issued reports on III. Citigroup restated a “buy” rating and set a GBX 4,800 price objective on shares of 3i Group in a report on Friday. UBS Group reissued a “buy” rating and set a GBX 4,700 price objective on shares of 3i Group in a report on Friday, November 7th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of 3i Group in a research report on Friday, July 25th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of 3i Group from GBX 4,600 to GBX 4,300 and set a “buy” rating for the company in a research note on Thursday. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, 3i Group has an average rating of “Buy” and an average target price of GBX 4,600.

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.