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3i Group Manager Acquires Shares, Indicating Confidence

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3i Group Manager Acquires Shares, Indicating Confidence

TipRanks Cyber Monday Sale

An announcement from 3i Group plc ( (GB:III) ) is now available.

3i Group plc announced a shareholding transaction involving Kevin Dunn, a manager at the company, who acquired 16,454 ordinary shares at £30.10 each on the London Stock Exchange. This transaction highlights active engagement by company management in its stock, potentially signaling confidence in the company’s future prospects.

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 operates in the investment management industry, focusing on private equity and infrastructure. The company provides investment solutions and services, targeting growth and value creation for its stakeholders.

Average Trading Volume: 2,003,226

Technical Sentiment Signal: Sell

Current Market Cap: £29.67B

For a thorough assessment of III stock, go to TipRanks’ Stock Analysis page.

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