3i Group’s (III) “Buy” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

3i Group (LON:III)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank Aktiengesellschaft in a report issued on Friday,London Stock Exchange reports. They currently have a GBX 4,300 price target on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 94.75% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. UBS Group reissued a “buy” rating and set a GBX 3,600 target price on shares of 3i Group in a research note on Monday. Citigroup reduced their price objective on shares of 3i Group from GBX 4,750 to GBX 4,280 and set a “buy” rating on the stock in a report on Wednesday, March 25th. Finally, Royal Bank Of Canada cut shares of 3i Group to an “underperform” rating and dropped their price target for the company from GBX 3,250 to GBX 3,000 in a research report on Monday, January 26th. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, 3i Group presently has an average rating of “Moderate Buy” and a consensus target price of GBX 3,795.

3i Group Trading Up 4.5%

Shares of III traded up GBX 96 during mid-day trading on Friday, reaching GBX 2,208. The stock had a trading volume of 131,050,383 shares, compared to its average volume of 30,502,994. 3i Group has a 52-week low of GBX 1,825 and a 52-week high of GBX 4,497. The firm has a market cap of £22.48 billion, a price-to-earnings ratio of 3.40, a P/E/G ratio of -0.35 and a beta of 1.15. The business’s fifty day moving average is GBX 2,698.09 and its 200 day moving average is GBX 3,154.02. The company has a debt-to-equity ratio of 4.59, a current ratio of 5.32 and a quick ratio of 0.09.

3i Group (LON:III) last issued its earnings results on Thursday, May 14th. The company reported GBX 539.40 EPS for the quarter. 3i Group had a net margin of 352.44% and a return on equity of 23.76%. The company had revenue of GBX 549.60 billion for the quarter. On average, sell-side analysts predict that 3i Group will post 622.7106227 EPS for the current fiscal year.

Insider Activity

In other news, insider Jasi Halai bought 70 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was bought at an average cost of GBX 2,572 per share, with a total value of £1,800.40. Also, insider James Hatchley purchased 10,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were acquired at an average price of GBX 2,083 per share, for a total transaction of £208,300. Insiders own 2.08% of the company’s stock.

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.