Key Points
- Insider buying: 3i Group insider Simon Borrows bought 50,000 shares on May 21 at GBX 2,229 each, for a total investment of £1.11 million.
- Shares rose: The stock was up 2.7% and opened at GBX 2,310, trading below its 52-week high of GBX 4,497.
- Analyst sentiment remains mixed but positive overall: The consensus rating is Moderate Buy, with an average price target of GBX 3,795, though one firm recently downgraded the stock to underperform.
3i Group (LON:III - Get Free Report) insider Simon Borrows acquired 50,000 shares of the stock in a transaction on Thursday, May 21st. The stock was purchased at an average cost of GBX 2,229 per share, with a total value of £1,114,500.
3i Group Stock Up 2.7%
Shares of LON:III opened at GBX 2,310 on Friday. The company has a quick ratio of 0.09, a current ratio of 131.80 and a debt-to-equity ratio of 4.08. 3i Group has a 52-week low of GBX 1,825 and a 52-week high of GBX 4,497. The company has a 50 day moving average of GBX 2,604.05 and a two-hundred day moving average of GBX 3,069.23. The company has a market capitalization of £23.51 billion, a price-to-earnings ratio of 3.56, a price-to-earnings-growth ratio of -0.35 and a beta of 1.15.
3i Group (LON:III - Get Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported GBX 539.40 earnings per share (EPS) for the quarter. 3i Group had a net margin of 1,236.92% and a return on equity of 17.91%. The company had revenue of GBX 549.60 billion during the quarter. As a group, analysts forecast that 3i Group will post 622.7106227 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several analysts have issued reports on III shares. UBS Group reaffirmed a "buy" rating and issued a GBX 3,600 price objective on shares of 3i Group in a research report on Monday, May 11th. Royal Bank Of Canada downgraded shares of 3i Group to an "underperform" rating and decreased their price target for the stock from GBX 3,250 to GBX 3,000 in a research report on Monday, January 26th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 4,300 price target on shares of 3i Group in a research report on Friday, May 15th. Finally, Citigroup decreased their price target on shares of 3i Group from GBX 4,750 to GBX 4,280 and set a "buy" rating for the company in a research report on Wednesday, March 25th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, 3i Group has an average rating of "Moderate Buy" and a consensus target price of GBX 3,795.
Check Out Our Latest Stock Analysis 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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