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 company’s stock in a transaction on Thursday, January 29th. The shares were bought at an average price of GBX 3,490 per share, with a total value of £1,047,000.

Simon Borrows also recently made the following trade(s):

• On Thursday, November 13th, Simon Borrows purchased 30,000 shares of 3i Group stock. The shares were purchased at an average price of GBX 3,367 per share, for a total transaction of £1,010,100.

3i Group Stock Performance

Shares of 3i Group stock opened at GBX 3,367.99 on Friday. The stock has a market capitalization of £33.23 billion, a price-to-earnings ratio of 5.19, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. 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 business has a 50-day moving average of GBX 3,204.38 and a 200 day moving average of GBX 3,775.11. 3i Group has a 12 month low of GBX 2,957 and a 12 month high of GBX 4,497.

3i Group (LON:III) last issued 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, sell-side analysts forecast that 3i Group will post 622.7106227 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have issued reports on III shares. Deutsche Bank Aktiengesellschaft dropped their price objective 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. Royal Bank Of Canada downgraded 3i Group to an “underperform” rating and dropped their price target for the stock from GBX 3,250 to GBX 3,000 in a research note on Monday, January 26th. UBS Group reaffirmed a “buy” rating and set a GBX 4,000 price target on shares of 3i Group in a research report on Friday, January 16th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of 3i Group in a report on Monday, November 17th. Finally, Citigroup restated a “buy” rating and set a GBX 4,800 target price on shares of 3i Group in a research report on Friday, November 14th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, 3i Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 4,000.

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.