3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) Receives Average Recommendation of “Hold” from Brokerages

Shares of 3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) have received an average rating of “Hold” from the six research firms that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating and four have given a buy rating to the company.

A number of analysts have recently weighed in on TGOPY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of 3i Group in a research report on Friday. Citigroup restated a “buy” rating on shares of 3i Group in a research report on Friday, November 14th. Kepler Capital Markets downgraded shares of 3i Group from a “hold” rating to a “strong sell” rating in a report on Friday, November 14th. Royal Bank Of Canada lowered shares of 3i Group from a “hold” rating to a “strong sell” rating in a research report on Monday. Finally, UBS Group upgraded 3i Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 2nd.

3i Group Trading Down 3.7%

Shares of TGOPY stock traded down $0.45 during trading on Friday, hitting $11.57. The company had a trading volume of 640,891 shares, compared to its average volume of 920,533. 3i Group has a one year low of $9.84 and a one year high of $15.19. The stock’s 50-day moving average price is $10.77 and its 200 day moving average price is $14.77.

About 3i Group

3i Group plc is a London?based international investment manager that specializes in private equity, infrastructure and debt investments. The company deploys capital both from its own balance sheet and through managed funds on behalf of institutional investors, targeting mid?market buyouts, growth capital and core infrastructure assets. Its private equity activity typically focuses on acquiring, developing and exiting businesses through active ownership and operational improvement, while its infrastructure arm invests in long?life assets that generate steady cash flows.

3i manages a portfolio of companies across a range of industry sectors, including business and financial services, industrials, consumer and healthcare, and technology.