Morgan Stanley downgrades 3i Group after strong run
3rd Jul 2024 09:15
(Sharecast News) - Morgan Stanley downgraded 3i Group on Wednesday 'equalweight' from 'overweight' and cut the price target to 3,192p from 3,246p as it said the risk/reward is more balanced after a strong run.
Read moreLondon close: Stocks fall on EU inflation, US jobs data
2nd Jul 2024 17:24
(Sharecast News) - London stocks closed lower on Tuesday as investors digested eurozone inflation data and a modest increase in US job openings.
Read more3i's Action unit performing strongly as expansion continues
27th Jun 2024 07:33
(Sharecast News) - Private equity and infrastructure group 3i has said that its European non-food discount retail chain Action has performed well since the start of the year as it continues to open new stores.
Read moreLondon close: Stocks manage gains as BoE holds rates
9th May 2024 15:21
(Sharecast News) - London markets closed on a positive note on Thursday, bolstered by the Bank of England's decision to maintain interest rates, in line with market expectations.
Read more3i Group reports 'strong' results in challenging year
9th May 2024 07:22
(Sharecast News) - 3i Group reported a 'strong' set of results in what it described as a challenging year on Thursday, with a total return of £3.84bn, representing a 23% return on opening shareholders' funds.
Read moreThursday preview: Bank of England, China trade data in the spotlight
8th May 2024 14:35
(Sharecast News) - The Bank of England's latest policy decision will be front and centre on Thursday with quite a few economists - albeit not all - increasingly anticipating interest rate cuts sooner rather than later.
Read moreLondon close: Stocks turn lower as BoE keeps rates on hold
1st Feb 2024 16:48
(Sharecast News) - London's financial markets finished in the red on Thursday, reversing earlier gains after the Bank of England maintained interest rates at current levels.
Read more3i Group sees NAV rise 8% in third quarter
1st Feb 2024 07:40
(Sharecast News) - London-headquartered private equity and infrastructure firm 3i Group reported an 8% increase in net asset value (NAV) over the third quarter and an "excellent" result from Europe-focused non-food discounter Action.
Read moreLondon close: Stocks finish higher on raft of global data
30th Jan 2024 16:00
(Sharecast News) - London's stock markets managed modest gains on Tuesday, driven by the news that the eurozone had narrowly avoided a recession.
Read moreRBC Capital starts 3i Group at 'outperform'
6th Dec 2023 08:04
(Sharecast News) - RBC Capital Markets initiated coverage of private equity firm 3i Group on Wednesday with an 'outperform' rating and 2,550p price target.
Read more3i Group reports resilient first-half amid tough environment
9th Nov 2023 08:00
(Sharecast News) - Investment company 3i Group said in its half-year report on Thursday that despite a challenging global economic and geopolitical environment, it achieved a total return of £1.67bn, representing a 10% return on opening shareholders' funds.
Read moreAction underpinning 3i Group's portfolio performance
20th Sep 2023 07:27
(Sharecast News) - 3i Group updated the market on its September portfolio company reviews on Tuesday, reporting that despite the overarching difficulties in the current macroeconomic scenario, its portfolios are demonstrating commendable progress.
Read more3i Group reports positive start to new financial year
20th Jul 2023 07:12
(Sharecast News) - Investment giant 3i Group has reported a positive start to its new financial year on Thursday, with net asset value per share rising to 1,814p on 30 June, compared to 1,745p on 31 March.
Read more3i sees strong sales growth at Action
29th Jun 2023 08:36
(Sharecast News) - Dutch discounter Action is on track to deliver another strong quarter of profit growth, owner 3i Group said on Thursday.
Read more3i Group performs well thanks to value and infrastructure assets
11th May 2023 08:08
(Sharecast News) - Investment company 3i Group reported a total return of £4.59bn in its full-year results on Thursday, representing a 36% increase on opening shareholders' funds compared to the prior year's figure of £4.01bn, which itself saw a higher growth rate of 44%.
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