Deutsche Bank Sticks to Its Buy Rating for 3i Group plc (III)

Business Insider

6 hours ago

Deutsche Bank analyst Nick Johnson maintained a Buy rating on 3i Group plc (III – Research Report) yesterday and set a price target of £45.00. The company's shares closed yesterday at p4,161.00.
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Johnson covers the Financial sector, focusing on stocks such as Saga plc, Hannover Rueck, and Munich Reinsurance. According to TipRanks, Johnson has an average return of 16.3% and an 89.47% success rate on recommended stocks.
Currently, the analyst consensus on 3i Group plc is a Moderate Buy with an average price target of p4,490.83, a 7.93% upside from current levels. In a report released yesterday, Citi also maintained a Buy rating on the stock with a £50.00 price target.
III market cap is currently £40.17B and has a P/E ratio of 7.97.
Based on the recent corporate insider activity of 106 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of III in relation to earlier this year.