Discuss 3i Group plc

Based on the latest news and analyses, 3i Group plc seems to be a promising investment. The company's strong performance, particularly the impressive growth of its retailer Action, has resulted in a significant improvement in the group's net asset value. This is great to see, as Action is one of 3i Group's key investments. The recent positive Q1 update and the encouraging start to 2024 further reinforce my confidence in the company's prospects. While the current share price of 36.6 is already quite attractive, I believe there is still room for further upside. The target price of 40 euros per share seems reasonable, considering the solid fundamentals and the positive outlook for the business. As an investor, I'm quite excited about the potential of 3i Group and would be inclined to add it to my portfolio. Of course, it's essential to continue monitoring the company's performance and any new developments, but based on the current information, this appears to be a worthwhile investment opportunity.

3i Group plc seems to be performing quite well, with its portfolio company Action reporting strong sales growth and profitability. The company's net asset value has also improved, which is always a positive sign. As an investor, I'm encouraged by the company's good start to the year and the solid performance of its key investments. While there are always risks involved, the company appears to be well-positioned to capitalize on current market conditions. At the current share price of 36.6, the stock seems attractively valued and could offer upside potential. Of course, I'd encourage you to do your own research and analysis, but based on the information available, I'm inclined to rate 3i Group as a 'buy' with a target price of 42.5 euros.