3i Group (LON:III) Price Target Raised to GBX 3,050 at Barclays

3i Group (LON:III) had its price objective boosted by Barclays from GBX 2,815 ($35.36) to GBX 3,050 ($38.31) in a research note issued to investors on Friday morning, Marketbeat.com reports. Barclays currently has an overweight rating on the stock.

3i Group Stock Up 1.7 %

LON III opened at GBX 2,891 ($36.31) on Friday. The business has a fifty day moving average price of GBX 2,702.80 and a 200 day moving average price of GBX 2,414.70. The company has a debt-to-equity ratio of 6.74, a quick ratio of 0.09 and a current ratio of 1.48. The company has a market cap of £28.14 billion, a P/E ratio of 628.48, a P/E/G ratio of -0.35 and a beta of 1.03. 3i Group has a one year low of GBX 1,709.50 ($21.47) and a one year high of GBX 2,905 ($36.49).

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.