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

3i Group (LON:III)‘s stock had its “buy” rating reissued by research analysts at UBS Group in a report released on Wednesday, Marketbeat Ratings reports. They presently have a GBX 4,000 target price on the stock. UBS Group’s price objective would suggest a potential upside of 71.75% from the stock’s current price.

A number of other equities research analysts also recently issued reports on the stock. Royal Bank Of Canada downgraded shares of 3i Group to an “underperform” rating and reduced their price objective for the stock from GBX 3,250 to GBX 3,000 in a research report on Monday, January 26th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of 3i Group from GBX 4,300 to GBX 4,200 and set a “buy” rating on the stock in a research report on Monday, January 12th. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 3,870.

3i Group Stock Performance

Shares of III stock opened at GBX 2,329 on Wednesday. The company has a debt-to-equity ratio of 4.59, a current ratio of 5.32 and a quick ratio of 0.09. The firm has a 50-day moving average of GBX 3,160.37 and a 200-day moving average of GBX 3,513.83. 3i Group has a one year low of GBX 2,255 and a one year high of GBX 4,497. The company has a market cap of £23.71 billion, a P/E ratio of 3.59, a P/E/G ratio of -0.35 and a beta of 1.02.

Insider Activity at 3i Group

In related news, insider Simon Borrows purchased 30,000 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The shares were bought at an average cost of GBX 3,490 per share, with a total value of £1,047,000. In the last quarter, insiders acquired 30,009 shares of company stock worth $104,729,139. Insiders own 2.08% of the company’s stock.

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.