3i Group (LON:III) Hits New 52-Week High at $2,841.15

3i Group plc (LON:IIIGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 2,841.15 ($35.67) and last traded at GBX 2,841.15 ($35.67), with a volume of 54087 shares trading hands. The stock had previously closed at GBX 2,809 ($35.26).

Analysts Set New Price Targets

Separately, Royal Bank of Canada restated an “outperform” rating and set a GBX 2,550 ($32.01) target price on shares of 3i Group in a research report on Wednesday, December 6th.

View Our Latest Stock Report on III

3i Group Price Performance

The company has a current ratio of 1.48, a quick ratio of 0.09 and a debt-to-equity ratio of 6.74. The stock has a market capitalization of £27.33 billion, a price-to-earnings ratio of 610.00, a PEG ratio of -0.35 and a beta of 1.03. The stock has a 50-day moving average price of GBX 2,522.20 and a 200 day moving average price of GBX 2,300.31.

About 3i Group

(Get Free Report)

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.

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