Shares of 3i Group plc (OTCMKTS:TGOPY) have been given a consensus rating of “Buy” by the six research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company.
A number of analysts have recently issued reports on TGOPY shares. Smith Barney Citigroup upgraded 3i Group from a “neutral” rating to a “buy” rating in a research report on Thursday, December 3rd. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upgraded 3i Group from a “neutral” rating to a “buy” rating in a research report on Thursday, December 3rd. Morgan Stanley reiterated an “overweight” rating on shares of 3i Group in a research report on Tuesday, February 2nd. Credit Suisse Group started coverage on 3i Group in a research report on Tuesday, December 1st. They set an “outperform” rating for the company. Finally, Barclays reiterated an “overweight” rating on shares of 3i Group in a research report on Friday, January 29th.
3i Group stock traded up $0.11 during midday trading on Tuesday, hitting $8.08. 3,211 shares of the stock were exchanged, compared to its average volume of 2,803. The company has a fifty day simple moving average of $7.94 and a two-hundred day simple moving average of $7.09. 3i Group has a 52 week low of $3.15 and a 52 week high of $8.32.
About 3i Group
3i Group Plc operates as a private equity and venture capital company. It operates through the following segments: Private Equity, Infrastructure, and Others. The Private Equity segment involves in the investment and asset management to generate capital returns. The Infrastructure segment includes investing in economic infrastructure and greenfield projects in developed economies.
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