3i Group’s (III) Top Pick Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their top pick rating on shares of 3i Group (LON:III) in a research note issued to investors on Tuesday morning, MarketBeat.com reports.

3i Group Stock Up 0.4 %

III opened at GBX 3,649 ($44.90) on Tuesday. The firm has a market capitalization of £35.19 billion, a P/E ratio of 919.14, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. 3i Group has a one year low of GBX 2,271 ($27.94) and a one year high of GBX 3,779 ($46.50). The company has a fifty day moving average price of GBX 3,540.31 and a 200-day moving average price of GBX 3,283.78. The company has a debt-to-equity ratio of 6.20, a current ratio of 3.23 and a quick ratio of 0.09.

3i Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, November 28th will be issued a GBX 30.50 ($0.38) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 0.92%. 3i Group’s payout ratio is currently 1,536.52%.

3i Group Company Profile

3i is an investment company with two complementary businesses, Private Equity and Infrastructure.

We focus on opportunities where our sector and investment expertise, combined with our international presence and strong capital position, can create material value for our stakeholders.