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3i Group Insider Share Purchase Signals Confidence

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3i Group Insider Share Purchase Signals Confidence

Meet Your ETF AI Analyst

3i Group plc ( (GB:III) ) has provided an announcement.

3i Group plc, a prominent investment company, announced a transaction involving the purchase of shares by Karen McKellar, who is closely associated with Peter McKellar, a director of the company. This transaction, conducted on the London Stock Exchange, involved the acquisition of 4,000 ordinary shares at a price of 3344.6736 pence per share, reflecting active engagement by company insiders and potentially signaling confidence in the company’s future prospects.

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 insights, which highlight robust growth and strategic initiatives. While the technical analysis indicates short-term bearish trends, the stock’s attractive valuation suggests potential for future appreciation. Challenges in specific markets and macroeconomic risks are notable but do not overshadow the company’s solid fundamentals.

To see Spark’s full report on GB:III stock, click here.

More about 3i Group plc

Average Trading Volume: 1,646,015

Technical Sentiment Signal: Buy

Current Market Cap: £40.09B

See more data about III stock on TipRanks’ Stock Analysis page.

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