3i Group’s (III) Buy Rating Reiterated at UBS Group

3i Group (LON:III)‘s stock had its “buy” rating reissued by analysts at UBS Group in a research note issued on Wednesday, MarketBeat Ratings reports. They presently have a GBX 4,000 price target on the stock. UBS Group’s price objective points to a potential upside of 42.76% from the company’s current price.

III has been the topic of a number of other reports. Royal Bank Of Canada cut 3i Group to an “underperform” rating and lowered their price objective for the company from GBX 3,250 to GBX 3,000 in a research note on Monday, January 26th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of 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 investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 3,870.

3i Group Stock Performance

Shares of III stock opened at GBX 2,802 on Wednesday. The company has a debt-to-equity ratio of 4.59, a quick ratio of 0.09 and a current ratio of 5.32. The firm has a market cap of £28.52 billion, a price-to-earnings ratio of 4.32, a P/E/G ratio of -0.35 and a beta of 1.02. 3i Group has a 52 week low of GBX 2,584 and a 52 week high of GBX 4,497. The firm’s 50-day simple moving average is GBX 3,182.79 and its two-hundred day simple moving average is GBX 3,527.34.

Insider Activity

In related news, insider Simon Borrows acquired 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The shares were bought at an average cost of GBX 3,490 per share, for a total transaction of £1,047,000. In the last 90 days, insiders acquired 30,009 shares of company stock worth $104,729,139. Insiders own 2.08% of the company’s stock.

About 3i Group

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.