3i Group (LON:III) Given “Top Pick” Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their top pick rating on shares of 3i Group (LON:III) in a report released on Tuesday morning, MarketBeat reports.

3i Group Stock Up 0.4 %

Shares of LON:III opened at GBX 3,649 ($44.90) on Tuesday. The firm has a market capitalization of £35.19 billion, a PE ratio of 919.14, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. The company has a debt-to-equity ratio of 6.20, a quick ratio of 0.09 and a current ratio of 3.23. 3i Group has a 52-week low of GBX 2,271 ($27.94) and a 52-week high of GBX 3,779 ($46.50). The firm has a fifty day moving average of GBX 3,540.31 and a 200 day moving average of GBX 3,283.78.

3i Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, November 28th will be given a dividend of GBX 30.50 ($0.38) per share. The ex-dividend date is Thursday, November 28th. This represents a dividend yield of 0.92%. 3i Group’s dividend payout ratio (DPR) is presently 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.