3i Group (LON:III) Receives “Buy” Rating from UBS Group

3i Group (LON:III)‘s stock had its “buy” rating reaffirmed by stock analysts at UBS Group in a report released on Wednesday, Marketbeat.com reports. They presently have a GBX 4,000 price target on the stock. UBS Group’s target price points to a potential upside of 42.76% from the company’s current price.

III has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft cut their target price on 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. Royal Bank Of Canada lowered 3i Group to an “underperform” rating and lowered their price target for the company from GBX 3,250 to GBX 3,000 in a research report on Monday, January 26th. Four equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, 3i Group currently has a consensus rating of “Moderate Buy” and an average target price of GBX 3,870.

3i Group Price Performance

III stock opened at GBX 2,802 on Wednesday. The company has a debt-to-equity ratio of 4.59, a quick ratio of 0.09 and a current ratio of 5.32. The business has a 50-day simple moving average of GBX 3,182.79 and a two-hundred day simple moving average of GBX 3,527.34. The company has a market capitalization of £28.52 billion, a P/E ratio of 4.32, a price-to-earnings-growth ratio of -0.35 and a beta of 1.02. 3i Group has a 52-week low of GBX 2,584 and a 52-week high of GBX 4,497.

Insider Buying and Selling

In other news, insider Simon Borrows acquired 30,000 shares of the firm’s stock in a transaction on Thursday, January 29th. The stock was purchased at an average price of GBX 3,490 per share, for a total transaction of £1,047,000. In the last ninety days, insiders have bought 30,009 shares of company stock valued at $104,729,139. Company 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.