|Bid||18.10 x 330800|
|Ask||19.00 x 328100|
|Day's range||16.90 - 16.90|
|52-week range||10.61 - 18.00|
|Beta (5Y monthly)||1.10|
|PE ratio (TTM)||4.27|
|Forward dividend & yield||0.26 (1.46%)|
|Ex-dividend date||01 Dec 2022|
|1y target est||N/A|
3i Group plc ( LON:III ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...
Italian jewellery and watch group Morellato said on Tuesday it expects to more than double its annual turnover after agreeing to buy German rival Christ Group from investment company 3i Group Plc. Morellato said the deal, which will become effective next month, will boost annual revenue to around 800 million euros ($869 million) from an expected 370 million euros in 2022. The company, which did not disclose any financial details of the deal, said the move would make it the leading European multi-brand retailer for jewellery and watches, with over 620 stores and a "unique digital presence".
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...