3i Group (LON:III) Stock Rating Reaffirmed by JPMorgan Chase & Co.

3i Group (LON:III)‘s stock had its “overweight” rating reiterated by JPMorgan Chase & Co. in a note issued to investors on Friday, Marketbeat Ratings reports.

Separately, Barclays boosted their target price on shares of 3i Group from GBX 2,815 ($35.71) to GBX 3,050 ($38.69) and gave the company an “overweight” rating in a research note on Friday, May 3rd.

3i Group Trading Up 2.2 %

3i Group stock opened at GBX 3,066 ($38.89) on Friday. The company has a quick ratio of 0.09, a current ratio of 1.48 and a debt-to-equity ratio of 6.74. The firm has a 50-day moving average price of GBX 2,955.78 and a two-hundred day moving average price of GBX 2,664.17. The firm has a market capitalization of £29.84 billion, a price-to-earnings ratio of 666.52, a PEG ratio of -0.35 and a beta of 1.03. 3i Group has a 52-week low of GBX 1,843.50 ($23.39) and a 52-week high of GBX 3,180 ($40.34).

Insider Transactions at 3i Group

In related news, insider Alexandra Schaapveld purchased 7,100 shares of 3i Group stock in a transaction dated Friday, May 10th. The stock was bought at an average cost of GBX 2,821 ($35.79) per share, with a total value of £200,291 ($254,079.67). In other news, insider James Hatchley sold 23,027 shares of the company’s stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of GBX 2,903 ($36.83), for a total value of £668,473.81 ($847,994.18). Also, insider Alexandra Schaapveld bought 7,100 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The stock was acquired at an average price of GBX 2,821 ($35.79) per share, for a total transaction of £200,291 ($254,079.67). In the last three months, insiders purchased 7,875 shares of company stock valued at $22,368,830. Company insiders own 3.39% of the company’s stock.

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.