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

3i Group (LON:III)‘s stock had its “buy” rating reaffirmed by equities research analysts at UBS Group in a research note issued to investors on Friday, Marketbeat.com reports. They currently have a GBX 4,700 price target on the stock. UBS Group’s target price suggests a potential upside of 12.12% from the stock’s previous close.

Other analysts also recently issued reports about the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of 3i Group in a report on Friday, July 25th. Deutsche Bank Aktiengesellschaft raised their target price on 3i Group from GBX 4,500 to GBX 4,600 and gave the stock a “buy” rating in a research report on Thursday, September 25th. Finally, Citigroup upped their price target on 3i Group from GBX 5,000 to GBX 5,150 and gave the company a “buy” rating in a report on Thursday, October 30th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, 3i Group currently has a consensus rating of “Buy” and an average target price of GBX 4,816.67.

3i Group Stock Down 1.3%

Shares of 3i Group stock traded down GBX 53.17 during trading on Friday, hitting GBX 4,191.83. 1,081,881 shares of the stock were exchanged, compared to its average volume of 5,373,823. The company has a debt-to-equity ratio of 6.20, a current ratio of 3.25 and a quick ratio of 0.09. The firm’s 50-day moving average price is GBX 4,146.82 and its 200 day moving average price is GBX 4,139.88. The stock has a market cap of £41.30 billion, a price-to-earnings ratio of 8.05, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. 3i Group has a 12-month low of GBX 3,292 and a 12-month high of GBX 4,497.

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.