3i Infrastructure’s (3IN) “Sell” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reiterated their sell rating on shares of 3i Infrastructure (LON:3IN) in a research note published on Wednesday morning,Digital Look reports.

Separately, Jefferies Financial Group reissued a “buy” rating on shares of 3i Infrastructure in a report on Friday, June 26th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 450.

3i Infrastructure Stock Performance

LON 3IN opened at GBX 395.50 on Wednesday. The firm has a 50-day moving average of GBX 384.54 and a 200-day moving average of GBX 366.05. The company has a debt-to-equity ratio of 15.26, a quick ratio of 0.57 and a current ratio of 0.85. The stock has a market cap of £3.65 billion, a PE ratio of 12.36 and a beta of 0.50. 3i Infrastructure has a 52-week low of GBX 325 and a 52-week high of GBX 399.50.

About 3i Infrastructure

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.