3i Group (LON:III) Receives Buy Rating from Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their buy rating on shares of 3i Group (LON:III) in a research note published on Friday morning, MarketBeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a GBX 4,300 price target on the stock.

III has been the topic of several other research reports. Citigroup dropped their price objective on 3i Group from GBX 4,750 to GBX 4,280 and set a “buy” rating on the stock in a report on Wednesday, March 25th. Royal Bank Of Canada lowered 3i Group to an “underperform” rating and dropped their price objective for the stock from GBX 3,250 to GBX 3,000 in a report on Monday, January 26th. Finally, UBS Group reaffirmed a “buy” rating and set a GBX 3,600 price objective on shares of 3i Group in a report on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 3,795.

3i Group Stock Performance

Shares of III stock opened at GBX 2,205.17 on Friday. The stock’s 50-day moving average is GBX 2,678.45 and its two-hundred day moving average is GBX 3,147.39. The firm has a market cap of £22.45 billion, a price-to-earnings ratio of 3.40, a PEG ratio of -0.35 and a beta of 1.15. 3i Group has a 1 year low of GBX 1,825 and a 1 year high of GBX 4,497. The company has a debt-to-equity ratio of 4.08, a quick ratio of 0.09 and a current ratio of 131.80.

3i Group (LON:III) last issued its quarterly earnings data on Thursday, May 14th. The company reported GBX 539.40 earnings per share (EPS) for the quarter. The company had revenue of GBX 549.60 billion for the quarter. 3i Group had a return on equity of 17.91% and a net margin of 1,236.92%. Analysts predict that 3i Group will post 622.7106227 earnings per share for the current year.

Insider Buying and Selling

In other 3i Group news, insider Jasi Halai purchased 70 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were purchased at an average cost of GBX 2,572 per share, for a total transaction of £1,800.40. Also, insider James Hatchley purchased 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. 2.08% of the stock is owned by insiders.

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.