Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
3i Group plc ( (GB:III) ) just unveiled an update.
3i Group plc disclosed that its Chief Executive, Simon Borrows, has increased his personal stake in the company by purchasing 30,000 ordinary shares on the London Stock Exchange at a price of £34.897837 per share. The director dealing, reported under UK Market Abuse Regulation, signals additional alignment between senior management and shareholders, and may be interpreted by investors as a vote of confidence in 3i’s current strategy and future prospects.
The most recent analyst rating on (GB:III) stock is a Sell with a £3000.00 price target. To see the full list of analyst forecasts on 3i Group plc stock, see the GB:III Stock Forecast page.
Spark’s Take on GB:III Stock
According to Spark, TipRanks’ AI Analyst, GB:III is a Outperform.
3i Group plc’s strong financial performance and positive earnings call are the most significant factors driving the score. The technical analysis suggests caution due to bearish trends, but the low P/E ratio and insider confidence through share purchases provide a positive outlook. Challenges in specific markets and macroeconomic conditions are risks to monitor.
To see Spark’s full report on GB:III stock, click here.
More about 3i Group plc
3i Group plc is a UK-listed investment company focused on private equity and infrastructure, investing in mid-market businesses and long-term infrastructure assets across Europe and other selected regions.
Average Trading Volume: 2,544,684
Technical Sentiment Signal: Hold
Current Market Cap: £30.93B
For detailed information about III stock, go to TipRanks’ Stock Analysis page.