Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for 3i Group (LON:III)

3i Group (LON:III)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Friday,London Stock Exchange reports. They presently have a GBX 4,300 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 94.75% from the company’s previous close.

III has been the subject of a number of other reports. UBS Group restated a “buy” rating and issued a GBX 3,600 price objective on shares of 3i Group in a research report on Monday. Royal Bank Of Canada cut shares of 3i Group to an “underperform” rating and reduced their price objective for the stock from GBX 3,250 to GBX 3,000 in a research report on Monday, January 26th. Finally, Citigroup dropped 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 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. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,795.

3i Group Price Performance

Shares of 3i Group stock traded up GBX 96 during trading hours on Friday, reaching GBX 2,208. The stock had a trading volume of 131,050,383 shares, compared to its average volume of 30,502,994. The stock’s 50 day moving average is GBX 2,698.09 and its 200 day moving average is GBX 3,154.02. The company has a current ratio of 5.32, a quick ratio of 0.09 and a debt-to-equity ratio of 4.59. 3i Group has a twelve month low of GBX 1,825 and a twelve month high of GBX 4,497. The firm has a market capitalization of £22.48 billion, a PE ratio of 3.40, a PEG ratio of -0.35 and a beta of 1.15.

3i Group (LON:III) last posted its earnings results on Thursday, May 14th. The company reported GBX 539.40 EPS for the quarter. 3i Group had a return on equity of 23.76% and a net margin of 352.44%.The firm had revenue of GBX 549.60 billion for the quarter. Equities analysts expect that 3i Group will post 622.7106227 earnings per share for the current fiscal year.

Insider Buying and Selling at 3i Group

In other 3i Group news, insider Jasi Halai bought 70 shares of the company’s stock in a transaction dated Thursday, April 30th. The stock was acquired at an average price of GBX 2,572 per share, with a total value of £1,800.40. Also, insider James Hatchley purchased 10,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was acquired at an average cost of GBX 2,083 per share, for a total transaction of £208,300. 2.08% of the stock is currently owned by corporate 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.