3i Group (OTCMKTS:TGOPY) Sets New 1-Year Low – Should You Sell?

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $9.7960 and last traded at $9.98, with a volume of 569826 shares trading hands. The stock had previously closed at $9.88.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on TGOPY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of 3i Group in a research note on Friday, January 30th. Royal Bank Of Canada lowered shares of 3i Group from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th. Kepler Capital Markets lowered shares of 3i Group from a “hold” rating to a “strong sell” rating in a report on Friday, November 14th. Finally, Citigroup reaffirmed a “buy” rating on shares of 3i Group in a report on Friday, November 14th. Four research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

3i Group Price Performance

The stock has a 50-day moving average of $11.09 and a two-hundred day moving average of $12.20.

3i Group Company Profile

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.