3i Group's (III) Buy Rating Reaffirmed at Citigroup

Citigroup reissued their buy rating on shares of 3i Group (LON:III - Free Report) in a research note published on Tuesday, Marketbeat.com reports. The brokerage currently has a GBX 4,850 ($64.49) price objective on the stock.

Separately, JPMorgan Chase & Co. reissued a "top pick" rating on shares of 3i Group in a research report on Tuesday, January 7th.

3i Group Stock Performance

Shares of III stock traded down GBX 29.80 ($0.40) on Tuesday, hitting GBX 4,114.20 ($54.70). 1,084,891 shares of the stock were exchanged, compared to its average volume of 9,747,206. The firm's 50 day moving average is GBX 3,841.47 and its two-hundred day moving average is GBX 3,653.80. 3i Group has a one year low of GBX 2,750 ($36.56) and a one year high of GBX 4,158 ($55.29). The firm has a market capitalization of £39.72 billion, a PE ratio of 10.38, a P/E/G ratio of -0.35 and a beta of 1.01. The company has a current ratio of 3.25, a quick ratio of 0.09 and a debt-to-equity ratio of 6.20.

3i Group Company Profile

3i is an investment company with two complementary businesses, Private Equity and Infrastructure. We focus on opportunities where our sector and investment expertise, combined with our international presence and strong capital position, can create material value for our stakeholders.