3i Group plc : Close to an important technical resistance levels
| Entry price | Target | Stop-loss | Potential |
|---|
|
GBX 1,200 |
GBX 1,400 |
GBX 1,070 |
+16.67% |
|---|
Shares in 3i Group plc are approaching an important resistance level. The stock's technical chart suggests that this pivot level will be broken.
Strengths● According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
● The group's activity appears highly profitable thanks to its outperforming net margins.
● The group usually releases upbeat results with huge surprise rates.
● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● For several months, analysts have been revising their EPS estimates roughly upwards.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 909.8 GBX
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Surperformance is Buy on 3I GROUP PLC since 24/06/2024
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3I GROUP PLC 
