3i Group (LON:III) Upgraded to Buy at UBS Group

Key Points

• 3i Group has been upgraded to a "buy" rating by UBS Group, with a new price target of GBX 4,700, reflecting a potential upside of 7.72%.
• Other analysts, including Deutsche Bank, have also set optimistic price targets for 3i Group, with an average consensus target price of GBX 4,716.67.
• The company's stock recently opened at GBX 4,363, with a market cap of £42.12 billion and a significant year-to-date performance range.

3i Group (LON:III - Get Free Report) was upgraded by research analysts at UBS Group to a "buy" rating in a report issued on Thursday,Digital Look reports. The firm currently has a GBX 4,700 price target on the stock, up from their previous price target of GBX 4,450. UBS Group's price target indicates a potential upside of 7.72% from the company's previous close.

A number of other equities analysts also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of 3i Group from GBX 4,500 to GBX 4,600 and gave the stock a "buy" rating in a research note on Thursday, September 25th. JPMorgan Chase & Co. restated an "overweight" rating on shares of 3i Group in a report on Friday, July 25th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of GBX 4,716.67.

3i Group Price Performance

III stock opened at GBX 4,363 on Thursday. 3i Group has a 1 year low of GBX 3,141.46 and a 1 year high of GBX 4,403.75. The company has a market cap of £42.12 billion, a P/E ratio of 838.07, a PEG ratio of -0.35 and a beta of 1.01. The firm has a 50-day moving average of GBX 4,012.91 and a 200 day moving average of GBX 4,031.59. 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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