3i Group (III)

Sector:

Financials

Index:

FTSE 100

3,510.00p
   
  • Change Today:
      42.00p
  • 52 Week High: 3,510.08
  • 52 Week Low: 2,160.00
  • Currency: UK Pounds
  • Shares Issued: 973.39m
  • Volume: 189,074
  • Market Cap: £34,166m
  • RiskGrade: 122
  • Beta: 1.33

Deutsche Bank upgrades 3i Group to 'buy'

By Michele Maatouk

Date: Wednesday 06 Nov 2024

LONDON (ShareCast) - (Sharecast News) - Deutsche Bank upgraded listed private equity firm 3i Group on Wednesday to 'buy' from 'hold'.
Pointing to 3i's investment in European discount retail chain Action, DB said there was a "compelling" case for continued strong EBITDA growth in the long term.

The bank also highlighted Action's positive customer proposition and operating model, proven store rollout capabilities and continued growth in sales per store.

DB said it expects cash distributions covering 3i's carried value within nine years.

Across the rest of 3i's portfolio, the bank said there is potential for return on investments to be "steady" in Infrastructure and Scandlines.

At 1545 GMT, the shares were up 4.6% at 3,492p.



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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 3,510.00p
Change Today 42.00p
% Change 1.21 %
52 Week High 3,510.08
52 Week Low 2,160.00
Volume 189,074
Shares Issued 973.39m
Market Cap £34,166m
Beta 1.33
RiskGrade 122

3i Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
58.56% above the market average58.56% above the market average58.56% above the market average58.56% above the market average58.56% above the market average
42.59% above the sector average42.59% above the sector average42.59% above the sector average42.59% above the sector average42.59% above the sector average
Price Trend
91.69% above the market average91.69% above the market average91.69% above the market average91.69% above the market average91.69% above the market average
83.93% above the sector average83.93% above the sector average83.93% above the sector average83.93% above the sector average83.93% above the sector average
Income
40.65% below the market average40.65% below the market average40.65% below the market average40.65% below the market average40.65% below the market average
56.25% below the sector average56.25% below the sector average56.25% below the sector average56.25% below the sector average56.25% below the sector average
Growth
6.46% above the market average6.46% above the market average6.46% above the market average6.46% above the market average6.46% above the market average
21.57% above the sector average21.57% above the sector average21.57% above the sector average21.57% above the sector average21.57% above the sector average

What The Brokers Say

Strong Buy 4
Buy 6
Neutral 1
Sell 0
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 21-Nov-2024

Time Volume / Share Price
12:15 515 @ 3,510.08p
12:15 115 @ 3,510.00p
12:15 19 @ 3,510.00p
12:15 1 @ 3,509.30p
12:15 181 @ 3,509.00p

3i Key Personnel

CEO Simon Borrows

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