3i Group (OTCMKTS:TGOPY) Shares Gap Down – Should You Sell?

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $8.49, but opened at $8.00. 3i Group shares last traded at $8.02, with a volume of 24,226 shares trading hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of 3i Group in a report on Friday, August 28th. Two research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Get Our Latest Research Report on 3i Group

3i Group Stock Performance

The business’s 50 day simple moving average is $9.32 and its 200 day simple moving average is $8.73.

About 3i Group

(Get Free Report)

3i Group plc is an international investment company headquartered in London, United Kingdom. It invests in and supports businesses through two principal areas: private equity and infrastructure. The company typically takes significant or controlling interests in established businesses, working with management teams to support growth, operational development and long-term value creation.

Through its private equity activities, 3i focuses primarily on mid-market companies, particularly in Northern Europe.

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