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

3i Group (LON:III)‘s stock had its “buy” rating restated by Deutsche Bank Aktiengesellschaft in a report issued on Friday,Digital Look reports. They currently have a GBX 3,527 price objective on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 40.02% from the company’s current price.

Other research analysts have also recently issued reports about the company. Citigroup decreased their price target on 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 objective on shares of 3i Group in a research note on Monday, May 11th. Four research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,601.75.

3i Group Trading Down 0.6%

Shares of 3i Group stock traded down GBX 15 on Friday, reaching GBX 2,519. The company had a trading volume of 48,340,551 shares, compared to its average volume of 25,623,344. The firm’s 50 day moving average price is GBX 2,396.24 and its two-hundred day moving average price is GBX 2,847.15. The firm has a market cap of £25.55 billion, a PE ratio of 4.68, a PEG ratio of -0.35 and a beta of 1.59. 3i Group has a 52-week low of GBX 1,825 and a 52-week 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 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 net margin of 1,236.92% and a return on equity of 17.91%. The firm had revenue of GBX 549.60 billion during the quarter. Sell-side analysts predict that 3i Group will post 622.7106227 earnings per share for the current fiscal year.

Insider Activity at 3i Group

In related news, insider Jasi Halai bought 2,692 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average cost of GBX 2,088 per share, with a total value of £56,208.96. Also, insider James Hatchley acquired 10,000 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were purchased at an average cost of GBX 2,083 per share, for a total transaction of £208,300. Insiders acquired 64,835 shares of company stock valued at $142,641,889 over the last three months. 2.09% of the stock is 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.