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3i Group Insider Share Purchase Signals Confidence

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3i Group Insider Share Purchase Signals Confidence

TipRanks Black Friday Sale

The latest update is out from 3i Group plc ( (GB:III) ).

3i Group plc announced that Wilco Jiskoot, associated with Director Alexandra Schaapveld, purchased 7,800 ordinary shares at £33.25 each on the London Stock Exchange. This transaction reflects insider confidence in the company’s performance and may influence market perceptions and investor decisions.

The most recent analyst rating on (GB:III) stock is a Hold with a £3625.00 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 and infrastructure. The company primarily invests in northern Europe and North America, targeting sectors such as business services, consumer, healthcare, and industrials.

Average Trading Volume: 1,713,747

Technical Sentiment Signal: Hold

Current Market Cap: £32.86B

Find detailed analytics on III stock on TipRanks’ Stock Analysis page.

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