3i Infrastructure (LON:3IN) Hits New 1-Year High – What’s Next?

3i Infrastructure plc (LON:3IN) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 389 and last traded at GBX 388, with a volume of 1306921 shares trading hands. The stock had previously closed at GBX 383.

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a “buy” rating on shares of 3i Infrastructure in a report on Friday, June 26th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 450.

3i Infrastructure Stock Performance

The firm has a market cap of £3.56 billion, a P/E ratio of 12.08 and a beta of 0.50. The company has a current ratio of 0.85, a quick ratio of 0.57 and a debt-to-equity ratio of 15.26. The company’s 50-day moving average is GBX 370.02 and its two-hundred day moving average is GBX 361.63.

3i Infrastructure (LON:3IN) last issued its quarterly earnings data on Tuesday, May 12th. The company reported GBX 32 EPS for the quarter. The firm had revenue of £409 million during the quarter. 3i Infrastructure had a return on equity of 10.77% and a net margin of 92.78%. As a group, equities analysts predict that 3i Infrastructure plc will post 2039.0836962 EPS for the current fiscal year.

3i Infrastructure Company Profile

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.