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
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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