3i Group (III)

Sector:

Financials

Index:

FTSE 100

4,072.00p
   
  • Change Today:
      16.00p
  • 52 Week High: 4,298.00
  • 52 Week Low: 2,863.00
  • Currency: UK Pounds
  • Shares Issued: 973.40m
  • Volume: 3,848,832
  • Market Cap: £39,637m
  • RiskGrade: 122
  • Beta: 0.01

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 4,072.00p
Change Today 16.00p
% Change 0.39 %
52 Week High 4,298.00
52 Week Low 2,863.00
Volume 3,848,832
Shares Issued 973.40m
Market Cap £39,637m
Beta 0.01
RiskGrade 122

3i Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.33% below the market average17.33% below the market average17.33% below the market average17.33% below the market average17.33% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
85.04% above the market average85.04% above the market average85.04% above the market average85.04% above the market average85.04% above the market average
81.13% above the sector average81.13% above the sector average81.13% above the sector average81.13% above the sector average81.13% above the sector average
Income
10.41% below the market average10.41% below the market average10.41% below the market average10.41% below the market average10.41% below the market average
46.43% below the sector average46.43% below the sector average46.43% below the sector average46.43% below the sector average46.43% below the sector average
Growth
79.61% above the market average79.61% above the market average79.61% above the market average79.61% above the market average79.61% above the market average
78.02% above the sector average78.02% above the sector average78.02% above the sector average78.02% above the sector average78.02% 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
  Final Interim
Ex-Div 19-Jun-25 28-Nov-24
Paid 25-Jul-25 10-Jan-25
Amount 42.50p 30.50p

Trades for 30-May-2025

Time Volume / Share Price
16:37 2,542 @ 4,072.81p
16:37 1,270 @ 4,072.81p
16:47 5,199 @ 4,080.24p
16:42 30 @ 4,071.84p
16:40 867 @ 4,072.00p

3i Key Personnel

CEO Simon Borrows

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