3i Group (LON:III) Given New GBX 3,050 Price Target at Barclays

3i Group (LON:III) had its price target raised by Barclays from GBX 2,815 ($35.36) to GBX 3,050 ($38.31) in a research note published on Friday, MarketBeat Ratings reports. Barclays currently has an overweight rating on the stock.

3i Group Price Performance

Shares of LON:III opened at GBX 2,891 ($36.31) on Friday. 3i Group has a twelve month low of GBX 1,709.50 ($21.47) and a twelve month high of GBX 2,905 ($36.49). The firm has a market capitalization of £28.14 billion, a PE ratio of 628.48, a P/E/G ratio of -0.35 and a beta of 1.03. 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 company has a 50-day moving average price of GBX 2,711.90 and a two-hundred day moving average price of GBX 2,425.28.

About 3i Group

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.