Net assets will be the main point of interest in 3i’s update next week,says UBS.
The bank expects 2,076p while the consensus number is higher at 2,107p. UBS adds to note any commentary on its Private Equity and Infrastructure portfolio performance, in particular outside the core asset of Action.
“Last month, Action updated the market on 2023 and first 11 weeks of 2024 performance in its Capital Markets Seminar so investors already have a good indication of Action's performance in 3i’s final quarter.
Buy with a price target of 3,200p is the investment view.