A statement released earlier today by Canaccord Genuity about 3i Group PLC (LON:III) bumps the target price to 780.00GBX
- Updated: October 3, 2016
Boasting a price of 667.75GBX, 3i Group PLC (LON:III) traded 2.38% higher on the day. With the last stock price close up 13,663.99% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. 3i Group PLC has recorded a 50-day average of 5.57GBX and a two hundred day average of 4.85GBX. Volume of trade was up over the average, with 753,545 shares of III changing hands over the typical 543,851
Canaccord Genuity bumped up the target of 3i Group PLC (LON:III) to 780.00GBX stating a potential upside of 0.17%.
On 8/3/2016, Citigroup released a statement for 3i Group PLC (LON:III) bumped up the target price from 0.00GBX to 640.00GBX that suggested an upside of 0.04%.
With a total market value of 0 GBX, 3i Group PLC has price-earnings ratio of 7.83 with a one year low of 389.10GBX and a one year high of 669.50GBX .
A total of 8 equity analysts have released a research note on III. Two equity analysts rating the company 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 finally zero equity analysts rating the company a sell with a one year target of 620.25GBX.
More 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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