3i Group (LON:III) Reaches New 52-Week High – Still a Buy?

3i Group (LON:III)’s stock price reached a new 52-week high on Thursday . The company traded as high as GBX 4,078 ($50.76) and last traded at GBX 4,054 ($50.46), with a volume of 4479311 shares. The stock had previously closed at GBX 4,018 ($50.01).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated a “top pick” rating on shares of 3i Group in a research report on Tuesday, January 7th.

3i Group Stock Up 0.8 %

The business has a 50 day simple moving average of GBX 3,712.43 and a 200 day simple moving average of GBX 3,406.66. The company has a market capitalization of £39.05 billion, a price-to-earnings ratio of 1,019.90, a PEG ratio of -0.35 and a beta of 1.01. The company has a debt-to-equity ratio of 6.20, a current ratio of 3.23 and a quick ratio of 0.09.

3i Group Company Profile

3i is an investment company with two complementary businesses, Private Equity and Infrastructure.

We focus on opportunities where our sector and investment expertise, combined with our international presence and strong capital position, can create material value for our stakeholders.