3i Group (III)

Sector:

Financials

Index:

FTSE 100

3,729.00p
   
  • Change Today:
    -11.00p
  • 52 Week High: 3,763.00p
  • 52 Week Low: 2,258.00p
  • Currency: UK Pounds
  • Shares Issued: 973.39m
  • Volume: 26,187
  • Market Cap: £36,298m
  • RiskGrade: 122
  • Beta: 1.35

RBC Capital Markets lowers 3i Group to 'sector perform'

By Iain Gilbert

Date: Monday 04 Nov 2024

LONDON (ShareCast) - (Sharecast News) - Analysts at RBC Capital Markets downgraded 3i Group from 'outperform' to 'sector perform' on Monday, citing valuation grounds.
RBC said it views 3i Group as a "best-in-class business", with a "conservative but successful" model and a strong management team.

"This is evidenced by III's outperformance in the last few years, despite challenging macro backdrop," said RBC, which has a 3,425.0p target price on the stock.

The Canadian bank stated a "good chunk" of this outperformance had been driven by Action, which it views as "a very high-quality retailer".

However, RBC noted that 3i's share price has risen more than 140% in the last three years, and it now views the shares as more fairly valued.









Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

3i Market Data

Currency UK Pounds
Share Price 3,729.00p
Change Today -11.00p
% Change -0.29 %
52 Week High 3,763.00p
52 Week Low 2,258.00p
Volume 26,187
Shares Issued 973.39m
Market Cap £36,298m
Beta 1.35
RiskGrade 122

3i Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
52.39% above the market average52.39% above the market average52.39% above the market average52.39% above the market average52.39% above the market average
25.93% above the sector average25.93% above the sector average25.93% above the sector average25.93% above the sector average25.93% above the sector average
Price Trend
94.21% above the market average94.21% above the market average94.21% above the market average94.21% above the market average94.21% above the market average
92.86% above the sector average92.86% above the sector average92.86% above the sector average92.86% above the sector average92.86% above the sector average
Income
41.27% below the market average41.27% below the market average41.27% below the market average41.27% below the market average41.27% below the market average
56.92% below the sector average56.92% below the sector average56.92% below the sector average56.92% below the sector average56.92% below the sector average
Growth
6.92% above the market average6.92% above the market average6.92% above the market average6.92% above the market average6.92% above the market average
27.45% above the sector average27.45% above the sector average27.45% above the sector average27.45% above the sector average27.45% above the sector average

What The Brokers Say

Strong Buy 3
Buy 6
Neutral 1
Sell 1
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

3i Dividends

  Latest Previous
  Interim Final
Ex-Div 28-Nov-24 20-Jun-24
Paid 10-Jan-25 26-Jul-24
Amount 30.50p 34.50p

Trades for 04-Dec-2024

Time Volume / Share Price
08:25 10 @ 3,729.00p
08:02 0 @ 3,753.00p
08:25 29 @ 3,728.00p
08:25 2 @ 3,727.00p
08:25 95 @ 3,726.00p

3i Key Personnel

CEO Simon Borrows

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