TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
3i Group plc ( (GB:III) ) just unveiled an announcement.
3i Group plc announced that Peter McKellar, a Director and person discharging managerial responsibilities, purchased 25,000 ordinary shares in the company. This transaction took place on the London Stock Exchange at a price of £34.4601 per share, potentially indicating confidence in the company’s future performance.
The most recent analyst rating on (GB:III) stock is a Buy with a £4400.00 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 overall stock score is driven by its strong financial performance and positive earnings call, highlighting robust growth and profitability. However, technical analysis indicates bearish momentum, which poses a risk. The valuation is attractive, suggesting potential undervaluation, but macroeconomic challenges and market conditions should be considered.
To see Spark’s full report on GB:III stock, click here.
More about 3i Group plc
Average Trading Volume: 1,706,199
Technical Sentiment Signal: Hold
Current Market Cap: £32.86B
Find detailed analytics on III stock on TipRanks’ Stock Analysis page.