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An announcement from 3i Group plc ( (GB:III) ) is now available.
3i Group plc announced updates on its portfolio performance and recent transactions during a Capital Markets Seminar. The company reported strong resilience in its Private Equity and Infrastructure portfolios despite a challenging macroeconomic environment. Notably, the sale of MAIT resulted in significant returns, while Action, a key portfolio company, demonstrated robust sales and EBITDA growth. Additionally, 3i Group has entered an agreement to acquire additional shares in Action, further solidifying its investment in the company.
The most recent analyst rating on (GB:III) stock is a Buy with a £4500.00 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 strong financial performance and positive earnings call sentiment are the primary drivers of its high score. The company’s robust profitability, effective leverage management, and strategic growth initiatives are significant strengths. The technical analysis indicates neutral momentum, and the valuation suggests potential undervaluation, contributing to a favorable overall assessment.
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 Private Equity and Infrastructure. The company primarily invests in mid-market companies across Europe and North America, aiming to achieve long-term growth and returns for its stakeholders.
Average Trading Volume: 1,449,777
Technical Sentiment Signal: Buy
Current Market Cap: £37.94B
Find detailed analytics on III stock on TipRanks’ Stock Analysis page.