3i Group price target raised to 2,800 GBp from 2,700 GBp at UBS

UBS raised the firm’s price target on 3i Group to 2,800 GBp from 2,700 GBp and keeps a Buy rating on the shares. 3i next updates the market on the performance of Action, its single largest asset, on March 21, the firm notes. UBS also points out that 3i has reiterated medium term guidance of mid to high single digit Like for Like revenue growth at Action.