3i Group (LON:III) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

3i Group (LON:IIIGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 4,136.34 and traded as high as GBX 4,403. 3i Group shares last traded at GBX 4,375.69, with a volume of 720,290 shares.

Analyst Ratings Changes

Several equities research analysts have commented on III shares. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of 3i Group in a research note on Friday, July 25th. Citigroup boosted their price objective on 3i Group from GBX 5,000 to GBX 5,150 and gave the stock a “buy” rating in a research note on Thursday, October 30th. UBS Group upgraded 3i Group to a “buy” rating and boosted their price objective for the stock from GBX 4,450 to GBX 4,700 in a research note on Thursday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on 3i Group from GBX 4,500 to GBX 4,600 and gave the stock a “buy” rating in a research note on Thursday, September 25th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, 3i Group presently has an average rating of “Buy” and an average target price of GBX 4,816.67.

Get Our Latest Report on III

3i Group Trading Down 1.9%

The firm has a market capitalization of £42.38 billion, a price-to-earnings ratio of 8.26, a PEG ratio of -0.35 and a beta of 1.01. The company has a fifty day moving average price of GBX 4,133.57 and a two-hundred day moving average price of GBX 4,136.34. The company has a current ratio of 3.25, a quick ratio of 0.09 and a debt-to-equity ratio of 6.20.

3i Group Company Profile

(Get Free Report)

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.

Further Reading

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