3i Group (LON:III) Price Target Increased to GBX 3,050 by Analysts at Barclays

3i Group (LON:III - Free Report) had its price objective lifted by Barclays from GBX 2,815 ($35.36) to GBX 3,050 ($38.31) in a research note issued to investors on Friday, MarketBeat Ratings reports. They currently have an overweight rating on the stock.

3i Group Stock Performance

Shares of LON III traded up GBX 49 ($0.62) during midday trading on Friday, hitting GBX 2,891 ($36.31). 948,188 shares of the company's stock traded hands, compared to its average volume of 1,753,018. 3i Group has a 1 year low of GBX 1,709.50 ($21.47) and a 1 year high of GBX 2,905 ($36.49). The stock has a market capitalization of £28.14 billion, a price-to-earnings ratio of 628.48, a price-to-earnings-growth ratio of -0.35 and a beta of 1.03. The company has a debt-to-equity ratio of 6.74, a quick ratio of 0.09 and a current ratio of 1.48. The firm has a fifty day moving average of GBX 2,702.80 and a 200 day moving average of GBX 2,414.70.

3i Group Company Profile

3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.