3i Infrastructure’s (3IN) Buy Rating Reaffirmed at Jefferies Financial Group

3i Infrastructure (LON:3IN)‘s stock had its “buy” rating restated by analysts at Jefferies Financial Group in a research report issued to clients and investors on Wednesday,London Stock Exchange reports.

Separately, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 450 price objective on shares of 3i Infrastructure in a research note on Tuesday, January 27th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 450.

3i Infrastructure Price Performance

LON 3IN opened at GBX 359.35 on Wednesday. The stock’s 50-day moving average is GBX 351.17 and its two-hundred day moving average is GBX 359.53. 3i Infrastructure has a fifty-two week low of GBX 319 and a fifty-two week high of GBX 387.50. The company has a debt-to-equity ratio of 15.26, a current ratio of 0.85 and a quick ratio of 0.57. The firm has a market cap of £3.31 billion, a P/E ratio of 7.85 and a beta of 0.50.

3i Infrastructure (LON:3IN) last announced its earnings results on Tuesday, May 12th. The company reported GBX 32 earnings per share (EPS) for the quarter. The firm had revenue of £409 million during the quarter. 3i Infrastructure had a return on equity of 10.77% and a net margin of 92.78%. On average, analysts anticipate that 3i Infrastructure will post 2039.0836962 earnings per share for the current fiscal year.

3i Infrastructure Company Profile

3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company, an approved UK Investment Trust, listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. The Company’s purpose is to deliver a long-term sustainable return to shareholders from investing in infrastructure.

3i Investments plc, a wholly-owned subsidiary of 3i Group plc, is authorised and regulated in the UK by the Financial Conduct Authority and acts as Investment Manager to 3i Infrastructure plc.