3i Group plc (LON:III – Get Rating)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,456 ($17.77) and last traded at GBX 1,452.50 ($17.72), with a volume of 43167 shares changing hands. The stock had previously closed at GBX 1,440.50 ($17.58).
Analyst Ratings Changes
Separately, Barclays reissued an “overweight” rating and issued a GBX 1,860 ($22.70) target price on shares of 3i Group in a research report on Monday, November 7th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, 3i Group currently has an average rating of “Buy” and a consensus target price of GBX 1,228 ($14.98).
3i Group Stock Up 0.9 %
The stock’s 50 day moving average is GBX 1,332 and its 200 day moving average is GBX 1,228.47. The company has a market capitalization of £14.14 billion and a PE ratio of 389.32. The company has a debt-to-equity ratio of 8.01, a quick ratio of 0.09 and a current ratio of 0.14.
3i Group Cuts Dividend
About 3i Group
3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.
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