Simon Borrows Buys 30,000 Shares of 3i Group (LON:III) Stock

3i Group (LON:III) insider Simon Borrows purchased 30,000 shares of the business’s stock in a transaction on Thursday, November 13th. The shares were purchased at an average cost of GBX 3,367 per share, for a total transaction of £1,010,100.

3i Group Stock Performance

III stock opened at GBX 3,317.28 on Friday. The firm has a market cap of £32.69 billion, a PE ratio of 6.37, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. The company has a current ratio of 3.25, a quick ratio of 0.09 and a debt-to-equity ratio of 6.20. The stock has a 50-day moving average price of GBX 4,144.45 and a 200-day moving average price of GBX 4,128.63. 3i Group has a 1-year low of GBX 330.40 and a 1-year high of GBX 4,497.

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%. As a group, equities research analysts expect that 3i Group will post 622.7106227 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

About 3i Group

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.