Key Points
- Insider purchase: 3i Group insider Jasi Halai bought 70 shares on April 30 at an average price of GBX 2,572, a transaction worth £1,800.40.
- Price and valuation context: Shares opened at GBX 2,563, trading near the one-year low (GBX 2,255) and below the 50- and 200-day moving averages (GBX 2,825.60 and GBX 3,272.68); market cap is £26.09 billion with a P/E of 3.95.
- Analyst sentiment: The stock has a consensus rating of “Moderate Buy” with a consensus target of GBX 3,870 (four Buys, one Sell), though several banks have recently trimmed their target prices.
3i Group (LON:III - Get Free Report) insider Jasi Halai acquired 70 shares of 3i Group stock in a transaction that occurred on Thursday, April 30th. The stock was acquired at an average price of GBX 2,572 per share, with a total value of £1,800.40.
3i Group Price Performance
LON III opened at GBX 2,563 on Friday. 3i Group has a one year low of GBX 2,255 and a one year high of GBX 4,497. The stock has a 50-day moving average of GBX 2,825.60 and a 200 day moving average of GBX 3,272.68. The company has a market capitalization of £26.09 billion, a price-to-earnings ratio of 3.95, a PEG ratio of -0.35 and a beta of 1.18. The company has a debt-to-equity ratio of 4.59, a quick ratio of 0.09 and a current ratio of 5.32.
Wall Street Analyst Weigh In
Several research analysts have issued reports on III shares. Royal Bank Of Canada cut 3i Group to an "underperform" rating and dropped their target price for the stock from GBX 3,250 to GBX 3,000 in a research report on Monday, January 26th. Deutsche Bank Aktiengesellschaft dropped 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. UBS Group reissued a "buy" rating and issued a GBX 4,000 target price on shares of 3i Group in a research report on Wednesday, March 25th. Finally, Citigroup dropped their target price on 3i Group from GBX 4,750 to GBX 4,280 and set a "buy" rating on the stock in a research report on Wednesday, March 25th. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, 3i Group has an average rating of "Moderate Buy" and a consensus target price of GBX 3,870.
Get Our Latest Report on 3i Group
About 3i Group
(
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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