Key Points
- Simon Borrows, a 3i Group insider, bought 30,000 shares on 29 January at GBX 3,490 each (≈£1.047m) and had earlier purchased 30,000 shares on 13 November at GBX 3,367 (≈£1.010m).
- 3i's stock was down about 1.6%, with a market cap of £33.23bn and a P/E of 5.19, and analysts show a consensus Moderate Buy with a GBX 4,000 price target amid mixed individual ratings.
3i Group (LON:III - Get Free Report) insider Simon Borrows bought 30,000 shares of the business's stock in a transaction dated Thursday, January 29th. The stock was acquired at an average price of GBX 3,490 per share, for a total transaction of £1,047,000.
Simon Borrows also recently made the following trade(s):
- On Thursday, November 13th, Simon Borrows purchased 30,000 shares of 3i Group stock. The shares were acquired at an average cost of GBX 3,367 per share, with a total value of £1,010,100.
3i Group Stock Down 1.6%
III stock opened at GBX 3,367.99 on Friday. The stock has a market cap of £33.23 billion, a P/E ratio of 5.19, a P/E/G ratio of -0.35 and a beta of 1.01. The company has a current ratio of 3.25, a quick ratio of 0.09 and a debt-to-equity ratio of 6.20. The stock's fifty day simple moving average is GBX 3,204.38 and its two-hundred day simple moving average is GBX 3,777.72. 3i Group has a 1-year low of GBX 2,957 and a 1-year high of GBX 4,497.
3i Group (LON:III - Get Free Report) last released its 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%. Analysts expect that 3i Group will post 622.7106227 EPS for the current year.
Analyst Ratings Changes
A number of research analysts have weighed in on III shares. Royal Bank Of Canada cut shares of 3i Group to an "underperform" rating and dropped their target price for the company from GBX 3,250 to GBX 3,000 in a research note on Monday, January 26th. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of 3i Group in a research note on Monday, November 17th. UBS Group reissued a "buy" rating and issued a GBX 4,000 target price on shares of 3i Group in a research report on Friday, January 16th. Citigroup restated a "buy" rating and issued a GBX 4,800 target price on shares of 3i Group in a research note on Friday, November 14th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on 3i Group from GBX 4,300 to GBX 4,200 and set a "buy" rating for the company in a research note on Monday, January 12th. Four research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 4,000.
Check Out Our Latest 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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