3i Group (LON:III) Insider Buys £322.90 in Stock

3i Group (LON:III) insider Jasi Halai purchased 10 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were purchased at an average cost of GBX 3,229 per share, for a total transaction of £322.90.

Jasi Halai also recently made the following trade(s):

• On Friday, November 28th, Jasi Halai acquired 5 shares of 3i Group stock. The stock was purchased at an average price of GBX 3,229 per share, with a total value of £161.45.
• On Friday, November 14th, Jasi Halai acquired 7,655 shares of 3i Group stock. The shares were purchased at an average cost of GBX 3,392 per share, with a total value of £259,657.60.
• On Monday, November 3rd, Jasi Halai bought 3 shares of 3i Group stock. The shares were acquired at an average price of GBX 4,445 per share, for a total transaction of £133.35.

3i Group Stock Up 5.1%

Shares of LON III opened at GBX 3,153 on Friday. 3i Group has a 1 year low of GBX 2,957 and a 1 year high of GBX 4,497. The firm’s 50-day moving average is GBX 3,954.85 and its 200-day moving average is GBX 4,033.92. The company has a current ratio of 3.25, a quick ratio of 0.09 and a debt-to-equity ratio of 6.20. The firm has a market capitalization of £31.07 billion, a PE ratio of 6.06, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01.

3i Group (LON:III) last announced its quarterly earnings data on Thursday, November 13th. The company reported GBX 340.20 earnings per share for the quarter. 3i Group had a net margin of 96.45% and a return on equity of 19.97%. Equities analysts expect that 3i Group will post 622.7106227 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on III. JPMorgan Chase & Co. restated an “overweight” rating on shares of 3i Group in a research report on Monday, November 17th. UBS Group restated a “buy” rating and set a GBX 4,700 target price on shares of 3i Group in a report on Friday, November 7th. Citigroup reaffirmed a “buy” rating and issued a GBX 4,800 price target on shares of 3i Group in a research note on Friday, November 14th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of 3i Group from GBX 4,600 to GBX 4,300 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 4,600.

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.