UBS Group Reaffirms “Buy” Rating for 3i Group (LON:III)

3i Group (LON:III)‘s stock had its “buy” rating reissued by analysts at UBS Group in a report released on Friday, MarketBeat reports. They currently have a GBX 4,000 price target on the stock. UBS Group’s price target suggests a potential upside of 18.82% from the company’s current price.

A number of other research analysts have also weighed in on the company. Deutsche Bank Aktiengesellschaft decreased their target price on 3i Group from GBX 4,300 to GBX 4,200 and set a “buy” rating on the stock in a report on Monday, January 12th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of 3i Group in a research report on Monday, November 17th. Finally, Citigroup reissued a “buy” rating and issued a GBX 4,800 price objective on shares of 3i Group in a research report on Friday, November 14th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 4,333.33.

3i Group Stock Up 0.8%

Shares of III stock opened at GBX 3,366.52 on Friday. 3i Group has a 52-week low of GBX 2,957 and a 52-week high of GBX 4,497. The stock has a market cap of £33.21 billion, a price-to-earnings ratio of 5.19, a PEG ratio of -0.35 and a beta of 1.01. The firm’s 50-day moving average is GBX 3,267.79 and its 200-day moving average is GBX 3,836.72. 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 earnings per share for the quarter. 3i Group had a return on equity of 19.97% and a net margin of 96.45%. Sell-side analysts predict that 3i Group will post 622.7106227 EPS for the current year.

Insider Transactions at 3i Group

In other 3i Group news, insider James Hatchley purchased 15,000 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were acquired at an average cost of GBX 3,397 per share, for a total transaction of £509,550. Also, insider Peter McKellar acquired 25,000 shares of the company’s stock in a transaction on Friday, November 14th. The stock was acquired at an average price of GBX 3,446 per share, with a total value of £861,500. Insiders have bought 81,677 shares of company stock worth $277,535,494 over the last quarter. 2.15% of the stock is currently owned by corporate insiders.

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.