3i Infrastructure’s (3IN) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of 3i Infrastructure (LON:3IN) in a report issued on Wednesday morning, Marketbeat.com reports.

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

3i Infrastructure Price Performance

LON 3IN opened at GBX 362 on Wednesday. The company has a market capitalization of £3.34 billion, a PE ratio of 7.90 and a beta of 0.50. 3i Infrastructure has a fifty-two week low of GBX 319 and a fifty-two week high of GBX 387.50. The business’s fifty day moving average is GBX 352.03 and its 200 day moving average is GBX 359.57. The company has a debt-to-equity ratio of 15.26, a quick ratio of 0.57 and a current ratio of 0.85.

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

About 3i Infrastructure

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.