TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the 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 Jasi Halai, a director and person discharging managerial responsibilities, purchased a total of 10,588 ordinary shares in the company on the London Stock Exchange. This transaction reflects confidence in the company’s market position and future prospects, potentially impacting shareholder perceptions and market dynamics.
The most recent analyst rating on (GB:III) stock is a Buy with a £48.00 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
3i Group plc is a leading international investment manager focused on mid-market private equity, infrastructure, and debt management. The company primarily operates in Europe and North America, providing capital and strategic support to help businesses grow and succeed in their respective markets.
Average Trading Volume: 1,646,015
Technical Sentiment Signal: Buy
Current Market Cap: £40.09B
Find detailed analytics on III stock on TipRanks’ Stock Analysis page.