3i Infrastructure (LON:3IN) Receives “Sell” Rating from Canaccord Genuity Group

3i Infrastructure (LON:3IN)‘s stock had its “sell” rating reiterated by stock analysts at Canaccord Genuity Group in a research note issued to investors on Wednesday,Digital Look reports.

Separately, Jefferies Financial Group reiterated a “buy” rating on shares of 3i Infrastructure in a report on Friday, June 26th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of GBX 450.

3i Infrastructure Stock Down 0.3%

Shares of 3i Infrastructure stock opened at GBX 394.70 on Wednesday. 3i Infrastructure has a 52-week low of GBX 325 and a 52-week high of GBX 399.50. The company has a 50 day moving average of GBX 383.11 and a 200 day moving average of GBX 365.08. The company has a quick ratio of 0.57, a current ratio of 0.85 and a debt-to-equity ratio of 15.26. The company has a market capitalization of £3.64 billion, a P/E ratio of 12.33 and a beta of 0.50.

3i Infrastructure Company Profile

3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company, an approved UK Investment Trust, listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. The Company’s purpose is to deliver a long-term sustainable return to shareholders from investing in infrastructure.

3i Investments plc, a wholly-owned subsidiary of 3i Group plc, is authorised and regulated in the UK by the Financial Conduct Authority and acts as Investment Manager to 3i Infrastructure plc.