3i Infrastructure plc (LON:3IN - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 358.23 and traded as high as GBX 362. 3i Infrastructure shares last traded at GBX 359, with a volume of 3,142,833 shares traded.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 450 price objective on shares of 3i Infrastructure in a report on Tuesday, January 27th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, 3i Infrastructure has an average rating of "Buy" and a consensus target price of GBX 450.
View Our Latest Analysis on 3IN
3i Infrastructure Price Performance
The firm has a market capitalization of £3.31 billion, a price-to-earnings ratio of 7.84 and a beta of 0.50. The company has a fifty day moving average price of GBX 344.94 and a two-hundred day moving average price of GBX 358.23. The company has a quick ratio of 0.57, a current ratio of 0.85 and a debt-to-equity ratio of 15.26.
About 3i Infrastructure
(
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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.
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