3i Group (LON:III) Given New GBX 4,600 Price Target at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank Aktiengesellschaft has raised its price target for 3i Group from GBX 4,500 to GBX 4,600, indicating a potential upside of 15.89% from the current price.
• JPMorgan Chase & Co. also has an "overweight" rating on 3i Group, which currently enjoys an average rating of "Buy" from analysts.
• As of the latest report, 3i Group has a market capitalization of £38.32 billion and a price-to-earnings ratio of 762.45.

3i Group (LON:III - Get Free Report) had its price objective upped by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 4,500 to GBX 4,600 in a research note issued on Thursday, Marketbeat Ratings reports. The brokerage currently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price target suggests a potential upside of 15.89% from the company's current price.

Separately, JPMorgan Chase & Co. reissued an "overweight" rating on shares of 3i Group in a research note on Friday, July 25th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, 3i Group currently has an average rating of "Buy" and a consensus target price of GBX 4,725.

3i Group Price Performance

LON:III opened at GBX 3,969.31 on Thursday. The firm has a market capitalization of £38.32 billion, a price-to-earnings ratio of 762.45, a PEG ratio of -0.35 and a beta of 1.01. 3i Group has a 1 year low of GBX 3,141.46 and a 1 year high of GBX 4,403.75. The business has a 50 day simple moving average of GBX 4,032.98 and a 200-day simple moving average of GBX 4,018.45. The company has a debt-to-equity ratio of 6.20, a current ratio of 3.25 and a quick ratio of 0.09.

3i Group Company Profile

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.

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