Rating Change: 3i Group PLC (LON:III) Stock Rating Kept by Societe Generale; The GBX 795.00 Target Indicates 20.14% Potential

November 23, 2016 - By Peter Erickson

3i Group PLC (LON:III) Rating

3i Group PLC (LON:III) had its stock rating noted as Buy by analysts at Societe Generale. Societe Generale currently has a GBX 795.00 target on the 6.45B GBP market cap company or 20.14% upside potential. This was disclosed in a research report on Wednesday, 23 November.

3i Group plc (LON:III) Ratings Coverage

Out of 8 analysts covering 3i Group PLC (LON:III), 6 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 75% are positive. GBX 790 is the highest target while GBX 190 is the lowest. The GBX 602.83 average target is -9.08% below today’s (GBX 663) stock price. 3i Group PLC has been the topic of 41 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, September 29. The firm has “Overweight” rating given on Monday, July 25 by Barclays Capital. The stock has “Overweight” rating given by Barclays Capital on Friday, November 11. The firm earned “Overweight” rating on Wednesday, February 17 by Barclays Capital. The company was maintained on Friday, November 13 by Citigroup. Canaccord Genuity maintained 3i Group plc (LON:III) on Wednesday, July 27 with “Buy” rating. The firm earned “Overweight” rating on Thursday, July 30 by Barclays Capital. The firm earned “Buy” rating on Thursday, November 10 by Canaccord Genuity. The rating was maintained by Canaccord Genuity with “Buy” on Monday, May 23. The firm earned “Buy” rating on Tuesday, October 4 by Canaccord Genuity.

About 763,349 shares traded hands. 3i Group plc (LON:III) has risen 59.15% since March 25, 2016 and is uptrending. It has outperformed by 53.82% the S&P500.

Insitutional Activity: The institutional sentiment increased to 1.64 in Q2 2016. Its up 0.29, from 1.35 in 2016Q1. The ratio is positive, as 9 funds sold all 3i Group plc shares owned while 17 reduced positions. 20 funds bought stakes while 15 increased positions. They now own 17.33 million shares or 1.20% less from 17.54 million shares in 2016Q1.

Thomson Horstmann & Bryant has 0.86% invested in the company for 1.76M shares. Vanguard Group last reported 0% of its portfolio in the stock. Renaissance Technologies Limited Liability Company holds 0.01% or 1.80 million shares in its portfolio. Wedge Cap Management L Ltd Partnership Nc holds 0.01% or 132,400 shares in its portfolio. Pnc Grp last reported 0% of its portfolio in the stock. Wellington Management Gru Ltd Liability Partnership last reported 785,816 shares in the company. Tiaa Cref Invest Limited Liability Com owns 100,639 shares or 0% of their US portfolio. Northern Trust accumulated 0% or 120,147 shares. The Illinois-based First Lp has invested 0% in 3i Group plc (LON:III). Moreover, Earnest Ltd Liability Com has 0% invested in 3i Group plc (LON:III) for 1,700 shares. The New York-based Citigroup has invested 0% in 3i Group plc (LON:III). Nationwide Fund Advsr has invested 0% of its portfolio in 3i Group plc (LON:III). Moreover, Blackrock Institutional Na has 0% invested in 3i Group plc (LON:III) for 237,451 shares. Geode Capital Mgmt accumulated 175,536 shares or 0% of the stock. State Street holds 0% or 256,751 shares in its portfolio.

3i Group plc is an investment company with approximately three complementary businesses, Private Equity, Infrastructure and Debt Management, specializing in core investment markets in northern Europe and North America. The company has a market cap of 6.45 billion GBP. The Company’s Private Equity business includes investment and asset management to generate capital returns, and is focused on consumer, industrial and business services sectors. It has a 3.96 P/E ratio. The Company’s Infrastructure business includes investment and asset management to generate capital returns and cash income and focuses on the United Kingdom and Europe.

According to Zacks Investment Research, “INFORMATION SERVICES GROUP, INC. was founded to build an industry-leading, high-growth, information-based services company by acquiring and growing businesses in advisory, data, business and media information services. ISG’s first acquisition – TPI, the world’s leading data and advisory firm in global sourcing – provides a solid platform upon which to build a prominent, high-growth information-based services company. Based in Stamford, Connecticut, ISG has a proven leadership team with global experience in information-based services and a track record of creating significant value for shareowners, clients and employees. ISG’s strategy is to acquire and grow dynamic, innovative businesses that provide must have information-based services to such sectors as consumer products, retailing, financial services, manufacturing, media, marketing, healthcare, legal, government, telecommunications and technology.”

III Company Profile

Information Services Group, Inc. (ISG), incorporated on July 20, 2006, is a technology insights, market intelligence and advisory services company. The Firm operates in the segment of fact sourcing advisory services. ISG supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services with a focus on information technology, business process transformation, program management services and enterprise resource planning. The Firm operates principally in the Americas, Europe and Asia Pacific. The Firm operates in approximately 21 countries. The Firm provides three lines of service: research, consulting and managed services. The Company’s private sector clients operate in the financial services, telecommunications, healthcare and pharmaceuticals, manufacturing, transportation and travel, and energy and utilities industries. The Company’s public sector clients are primarily state and local Governments (cities and counties) and authorities (airport and transit) in the United States, and national and provincial government units in the United Kingdom, Italy, Canada and Australia.

More news for 3i Group plc (LON:III) were recently published by: Moodys.com, which released: “Moody’s upgrades ratings of 3i Group plc to Baa1 with stable outlook” on September 21, 2015. Fool.Co.Uk‘s article titled: “Why 3i Group plc looks set to beat Barclays plc” and published on June 17, 2016 is yet another important article.

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