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 Infrastructure ( (GB:3IN) ) has provided an update.
3i Infrastructure PLC announced a correction to a previous statement regarding a share purchase by Lisa Gordon, a Director and person discharging managerial responsibilities. The amendment involved a change in the price at which the shares were acquired, now confirmed at 367.4p per share. This transaction took place on the London Stock Exchange and reflects the company’s commitment to transparency in its financial disclosures.
The most recent analyst rating on (GB:3IN) stock is a Buy with a £450.00 price target. To see the full list of analyst forecasts on 3i Infrastructure stock, see the GB:3IN Stock Forecast page.
Spark’s Take on GB:3IN Stock
According to Spark, TipRanks’ AI Analyst, GB:3IN is a Outperform.
3i Infrastructure’s strong profitability and stable financial position, combined with strategic investments and refinancing, underpin its solid stock performance. While revenue growth and cash flow conversion are areas for improvement, the stock’s undervaluation and attractive dividend yield enhance its appeal. Recent corporate events further strengthen its strategic position in the market.
To see Spark’s full report on GB:3IN stock, click here.
More about 3i Infrastructure
Average Trading Volume: 956,864
Technical Sentiment Signal: Buy
For an in-depth examination of 3IN stock, go to TipRanks’ Overview page.