Highlights:

  • Rothschild & Co Redburn assigns a “Buy” rating on 3i Group plc.
  • Target price set at GBP 4,750 and Average analyst target price stands at GBP 4,630.45, with an overall “Buy” consensus.
  • The group’s net debt stood at GBP 776 million at the end of September 2025 quarter.

3i Group plc (LSE:III.L), a leading international investment manager, continues to receive positive analyst sentiment. Among the disclosed recommendations, Rothschild & Co Redburn, represented by analyst Geoffrey J. Lowery, has maintained a “Buy” rating on the stock. The brokerage has set a price target of GBP 4,750, implying a potential 7.95% increase from the company’s recent trading levels near GBP 4,400.

AS per EODHD/Others, the overall analyst consensus on 3i Group currently stands at 1.79 – Buy, with a mean target price of GBP 4,630.45, indicating an upside potential of approximately 5.24%.

Market Context and Recent Performance

The rating from Rothschild & Co Redburn might follow the company’s FY2026 first-quarter performance update, in which 3i Group reported a continued rise in net asset value (NAV) and stable portfolio performance across its investments.

For the quarter ended 30 June 2025, NAV per share increased to 2,711 pence, up from 2,542 pence as of 31 March 2025. The company achieved a 7% total return during the period, supported by a GBP 392 million foreign exchange translation gain. Liquidity remained robust, with GBP 428 million in cash and an undrawn GBP 900 million revolving credit facility (RCF), resulting in total liquidity of GBP 1,328 million and a gearing ratio of 3%.

During the same period, 3i announced the sale of its investment in MPM, generating expected gross proceeds of around GBP 400 million and delivering a 3.2x money multiple with an IRR of 29%. 3i Infrastructure plc recorded an 8% rise in share price during the quarter.

Financial Position and Capital Flexibility

3i Group also completed the refinancing of its GBP 900 million revolving credit facility, replacing it with a new GBP 1.2 billion RCF in July 2025. The new five-year facility, which includes improved pricing terms, enhances the Group’s financial flexibility and extends maturity to July 2030, with options to extend to July 2032.

At the end of the quarter, the Group’s net debt stood at GBP 776 million, maintaining its low gearing ratio.