3i Group (LON:III) Insider Buys £133.84 in Stock

3i Group (LON:III) insider Jasi Halai purchased 4 shares of the stock in a transaction dated Monday, September 30th. The shares were acquired at an average cost of GBX 3,346 ($44.76) per share, for a total transaction of £133.84 ($179.03).

Jasi Halai also recently made the following trade(s):

• On Friday, August 30th, Jasi Halai bought 5 shares of 3i Group stock. The stock was bought at an average price of GBX 3,173 ($42.44) per share, with a total value of £158.65 ($212.21).

3i Group Stock Down 2.4 %

LON III opened at GBX 3,226 ($43.15) on Wednesday. 3i Group has a 12 month low of GBX 1,925 ($25.75) and a 12 month high of GBX 3,405 ($45.55). The company has a market capitalization of £31.11 billion, a P/E ratio of 812.59, a PEG ratio of -0.35 and a beta of 1.01. The company’s 50 day simple moving average is GBX 3,138.52 and its 200 day simple moving average is GBX 2,980.28. The company has a debt-to-equity ratio of 6.20, a current ratio of 3.23 and a quick ratio of 0.09.

Wall Street Analysts Forecast Growth

III has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of 3i Group in a research note on Friday, June 28th. Morgan Stanley downgraded 3i Group to an “equal weight” rating and cut their target price for the stock from GBX 3,246 ($43.42) to GBX 3,192 ($42.70) in a research report on Wednesday, July 3rd. Finally, Citigroup reiterated a “buy” rating and set a GBX 3,800 ($50.83) price target on shares of 3i Group in a research report on Monday, July 15th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, 3i Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,148 ($42.11).

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.