Kepler Capital analyst Jon Perez maintained a Sell rating on 3i Group plc on May 15 and set a price target of p1,850.00. The company’s shares closed last Friday at p2,210.00.
According to TipRanks, Perez is a 2-star analyst with an average return of 1.7% and a 54.55% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for 3i Group plc with a p3,442.50 average price target.
Based on 3i Group plc’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of p236 million and a net profit of p2.01 billion. In comparison, last year the company earned a revenue of p1.59 billion and had a net profit of p2.99 billion
Based on the recent corporate insider activity of 117 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of III in relation to earlier this year.
Read More on GB:III:
- 3i Group Directors Increase Stakes with Six-Figure Share Purchases
- 3i Group launches up to £750m share buyback to cut capital
- 3i Group lifts NAV and launches £750m buyback after another strong year
- 3i Group Directors Increase Holdings Under Share Incentive Plan
- 3i Group Adds Shares Under Existing Block Admission on LSE
