Jasi Halai Purchases 5 Shares of 3i Group (LON:III) Stock

3i Group (LON:III) insider Jasi Halai acquired 5 shares of the company’s stock in a transaction on Friday, August 30th. The shares were bought at an average cost of GBX 3,173 ($41.72) per share, with a total value of £158.65 ($208.61).

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

• On Thursday, June 27th, Jasi Halai acquired 770 shares of 3i Group stock. The stock was purchased at an average cost of GBX 3,020 ($39.71) per share, for a total transaction of £23,254 ($30,577.25).

3i Group Trading Down 1.1 %

Shares of III opened at GBX 3,111 ($40.91) on Wednesday. The company’s fifty day simple moving average is GBX 3,063.84 and its 200-day simple moving average is GBX 2,878.35. The company has a market cap of £30.28 billion, a P/E ratio of 677.49, a P/E/G ratio of -0.35 and a beta of 1.03. The company has a current ratio of 1.48, a quick ratio of 0.09 and a debt-to-equity ratio of 6.74. 3i Group has a twelve month low of GBX 1,925 ($25.31) and a twelve month high of GBX 3,222 ($42.37).

Wall Street Analyst Weigh In

Several brokerages recently weighed in on III. Morgan Stanley cut shares of 3i Group to an “equal weight” rating and reduced their price target for the stock from GBX 3,246 ($42.68) to GBX 3,192 ($41.97) in a research report on Wednesday, July 3rd. JPMorgan Chase & Co. restated an “overweight” rating on shares of 3i Group in a research report on Friday, June 28th. Finally, Citigroup reiterated a “buy” rating and issued a GBX 3,800 ($49.97) 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 assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,148 ($41.39).

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.