Shares of 3i Group plc (LON:III) have received an average rating of “Buy” from the seven analysts that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 970 ($13.60).
Several equities research analysts have weighed in on III shares. Societe Generale reiterated a “buy” rating and issued a GBX 1,020 ($14.30) target price on shares of 3i Group in a report on Friday, November 17th. Canaccord Genuity increased their price target on 3i Group from GBX 975 ($13.67) to GBX 1,030 ($14.44) and gave the stock a “buy” rating in a research report on Friday, November 24th.
Shares of 3i Group (LON:III) traded up GBX 879.09 ($12.33) during mid-day trading on Tuesday, hitting GBX 888.40 ($12.46). The company’s stock had a trading volume of 3,538,322 shares, compared to its average volume of 1,930,000. 3i Group has a twelve month low of GBX 684 ($9.59) and a twelve month high of GBX 975 ($13.67). The stock has a market cap of $8,620.00 and a PE ratio of 694.06.
3i Group Company Profile
3i Group plc is an investment company with approximately three complementary businesses, Private Equity, Infrastructure and Debt Management, specializing in core investment markets in northern Europe and North America. The Company’s Private Equity business includes investment and asset management to generate capital returns, and is focused on consumer, industrial and business services sectors.
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