Key Points
- Insider buying: Director Jasi Halai made multiple purchases recently, most notably 7,655 shares on Nov 14 at GBX 3,392 (£259,657.60), plus smaller buys on Nov 3, Nov 28 and Dec 1 (10 shares at GBX 3,229).
- Market and analyst context: 3i shares are trading around GBX 3,002 (down ~1.4%), below their 50- and 200-day averages, while analysts maintain a consensus Buy rating with a GBX 4,600 target; the stock has a market cap of £29.58bn and a PE of 5.77.
3i Group (LON:III - Get Free Report) insider Jasi Halai acquired 10 shares of the company's stock in a transaction on Monday, December 1st. The shares were purchased at an average cost of GBX 3,229 per share, for a total transaction of £322.90.
Jasi Halai also recently made the following trade(s):
- On Friday, November 28th, Jasi Halai bought 5 shares of 3i Group stock. The shares were purchased at an average price of GBX 3,229 per share, for a total transaction of £161.45.
- On Friday, November 14th, Jasi Halai bought 7,655 shares of 3i Group stock. The shares were purchased at an average price of GBX 3,392 per share, for a total transaction of £259,657.60.
- On Monday, November 3rd, Jasi Halai bought 3 shares of 3i Group stock. The stock was purchased at an average cost of GBX 4,445 per share, with a total value of £133.35.
3i Group Stock Down 1.4%
Shares of LON III opened at GBX 3,002.34 on Wednesday. The business has a 50-day moving average price of GBX 3,988.17 and a 200 day moving average price of GBX 4,047.41. The stock has a market cap of £29.58 billion, a PE ratio of 5.77, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. The company has a quick ratio of 0.09, a current ratio of 3.25 and a debt-to-equity ratio of 6.20. 3i Group has a 52-week low of GBX 2,983 and a 52-week high of GBX 4,497.
3i Group (LON:III - Get Free Report) last released its quarterly earnings results on Thursday, November 13th. The company reported GBX 340.20 EPS for the quarter. 3i Group had a return on equity of 19.97% and a net margin of 96.45%. Equities research analysts forecast that 3i Group will post 622.7106227 earnings per share for the current year.
Analysts Set New Price Targets
III has been the topic of a number of recent research reports. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of 3i Group in a report on Monday, November 17th. UBS Group reissued a "buy" rating and set a GBX 4,700 price objective on shares of 3i Group in a research report on Friday, November 7th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of 3i Group from GBX 4,600 to GBX 4,300 and set a "buy" rating on the stock in a research note on Thursday, November 13th. Finally, Citigroup reaffirmed a "buy" rating and issued a GBX 4,800 target price on shares of 3i Group in a report on Friday, November 14th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of GBX 4,600.
View Our Latest Stock Analysis on III
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.
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