3i Group (OTCMKTS:TGOPY) Sets New 1-Year High – Still a Buy?

3i Group plc (OTCMKTS:TGOPYGet Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as $27.90 and last traded at $27.70, with a volume of 187885 shares trading hands. The stock had previously closed at $26.04.

Wall Street Analyst Weigh In

Separately, Citigroup reaffirmed a “buy” rating on shares of 3i Group in a research report on Monday, February 3rd.

Check Out Our Latest Stock Analysis on 3i Group

3i Group Stock Up 6.4 %

The company’s 50 day simple moving average is $24.86 and its 200 day simple moving average is $23.45.

About 3i Group

(Get Free Report)

3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.

Further Reading

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