3i Group’s (III) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

3i Group (LON:III)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank Aktiengesellschaft in a report released on Friday,Digital Look reports. They currently have a GBX 3,527 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 40.02% from the stock’s previous close.

Several other brokerages have also recently issued reports on III. Citigroup lowered their target price on shares of 3i Group from GBX 4,750 to GBX 4,280 and set a “buy” rating on the stock in a research note on Wednesday, March 25th. UBS Group reiterated a “buy” rating and issued a GBX 3,600 target price on shares of 3i Group in a research report on Monday, May 11th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,601.75.

3i Group Price Performance

Shares of LON III traded down GBX 15 during midday trading on Friday, hitting GBX 2,519. The stock had a trading volume of 48,340,551 shares, compared to its average volume of 25,623,344. The company has a quick ratio of 0.09, a current ratio of 131.80 and a debt-to-equity ratio of 4.08. The stock has a 50 day simple moving average of GBX 2,396.24 and a 200-day simple moving average of GBX 2,847.15. The company has a market capitalization of £25.55 billion, a PE ratio of 4.68, a P/E/G ratio of -0.35 and a beta of 1.59. 3i Group has a 1 year low of GBX 1,825 and a 1 year high of GBX 4,497.

3i Group (LON:III) last issued its quarterly earnings results on Thursday, May 14th. The company reported GBX 539.40 EPS for the quarter. 3i Group had a return on equity of 17.91% and a net margin of 1,236.92%.The firm had revenue of GBX 549.60 billion during the quarter. On average, sell-side analysts expect that 3i Group will post 622.7106227 EPS for the current fiscal year.

Insider Activity

In other news, insider Jasi Halai purchased 471 shares of 3i Group stock in a transaction dated Friday, May 15th. The shares were purchased at an average price of GBX 2,175 per share, with a total value of £10,244.25. Also, insider James Hatchley acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average price of GBX 2,083 per share, for a total transaction of £208,300. In the last 90 days, insiders have bought 64,835 shares of company stock valued at $142,641,889. 2.09% of the stock is currently owned by company insiders.

3i Group Company Profile

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.