3i Group (LON:III) Insider Acquires 50,000 Shares

3i Group (LON:III) insider Simon Borrows bought 50,000 shares of the stock in a transaction dated Thursday, May 21st. The stock was purchased at an average price of GBX 2,229 per share, with a total value of £1,114,500.

3i Group Stock Performance

Shares of LON III traded up GBX 58 during midday trading on Friday, reaching GBX 2,308. The company’s stock had a trading volume of 27,162,576 shares, compared to its average volume of 28,106,535. The stock has a market capitalization of £23.49 billion, a P/E ratio of 3.56, a PEG ratio of -0.35 and a beta of 1.15. The company has a debt-to-equity ratio of 4.08, a current ratio of 131.80 and a quick ratio of 0.09. The firm has a 50 day moving average price of GBX 2,616.03 and a 200-day moving average price of GBX 3,074.58. 3i Group has a 12-month low of GBX 1,825 and a 12-month high of GBX 4,497.

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

Analyst Ratings Changes

A number of research firms have weighed in on III. 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 note on Wednesday, March 25th. UBS Group reaffirmed a “buy” rating and issued a GBX 3,600 price target on shares of 3i Group in a report on Monday, May 11th. Royal Bank Of Canada downgraded 3i Group to an “underperform” rating and dropped their price objective for the company from GBX 3,250 to GBX 3,000 in a research note on Monday, January 26th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 4,300 price objective on shares of 3i Group in a report on Friday, May 15th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, 3i Group has an average rating of “Moderate Buy” and an average target price of GBX 3,795.

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.