A report released earlier today by Societe Generale about 3i Group PLC (LON:III) ups the target price to 795.00GBX
- Updated: November 26, 2016
Just yesterday 3i Group PLC (LON:III) traded 0.67% higher at 661.75GBX. 3i Group PLC’s 50-day moving average is 5.47GBX and its 200-day moving average is 4.93GBX. The last stock price is up 13,650.57% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 1,617,227 shares of III traded hands, up from an average trading volume of 417,376
In a report released on 11/23/2016 Societe Generale increased the stock price target of 3i Group PLC (LON:III) from 730.00GBX to 795.00GBX reporting a possible upside of 0.20%.
Recent Performance Chart
3i Group PLC has 52 week low of 3.86GBX and a 52 week high of 678.50GBX with a PE ratio of 387.71 and has a market capitalization of 0 GBX.
In addition to Societe Generale reporting its stock price target, a total of 8 brokerages have issued a ratings update on the company. The average stock price target is 620.25GBX with 2 brokerages rating the stock a strong buy, five equity analysts rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
Brief Synopsis About 3i Group PLC (LON:III)
3i Group plc is an investment company with approximately three complementary businesses, Private Equity, Infrastructure and Debt Management, specializing in core investment markets in northern Europe and North America. The Company's Private Equity business includes investment and asset management to generate capital returns, and is focused on consumer, industrial and business services sectors. Its Infrastructure business includes investment and asset management to generate capital returns and cash income and focuses on the United Kingdom and Europe. Its Debt Management business includes fund management and investment to generate recurring cash income, and invests in collateralized loan obligation (CLO) equity and seed capital in senior debt funds. Its subsidiaries include 3i Investments plc, 3i Debt Management Investments Limited, 3i BIFM Investments Limited, 3i Europe plc and 3i Nordic plc. 3i Investments plc is the investment manager of the Company.
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