3i Group (LON:III) Rating Increased to Buy at UBS Group

UBS Group upgraded shares of 3i Group (LON:III) to a buy rating in a research report report published on Thursday morning,Digital Look reports. They currently have GBX 4,700 price objective on the stock, up from their prior price objective of GBX 4,450.

Several other research analysts have also recently weighed in on III. JPMorgan Chase & Co. restated an “overweight” rating on shares of 3i Group in a research note on Friday, July 25th. Deutsche Bank Aktiengesellschaft upped their price objective on 3i Group from GBX 4,500 to GBX 4,600 and gave the company a “buy” rating in a research report on Thursday, September 25th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, 3i Group presently has a consensus rating of “Buy” and a consensus price target of GBX 4,716.67.

3i Group Stock Up 1.4%

III stock opened at GBX 4,371 on Thursday. 3i Group has a 1-year low of GBX 3,141.46 and a 1-year high of GBX 4,403.75. The business has a fifty day moving average price of GBX 4,012.91 and a 200-day moving average price of GBX 4,031.59. The company has a debt-to-equity ratio of 6.20, a current ratio of 3.25 and a quick ratio of 0.09. The stock has a market capitalization of £42.20 billion, a P/E ratio of 839.61, a P/E/G ratio of -0.35 and a beta of 1.01.

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.