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

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $10.90, but opened at $10.25. 3i Group shares last traded at $10.09, with a volume of 168,795 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on TGOPY shares. Kepler Capital Markets lowered 3i Group from a “hold” rating to a “strong sell” rating in a research report on Friday, November 14th. Citigroup reiterated a “buy” rating on shares of 3i Group in a research note on Friday, November 14th. Royal Bank Of Canada cut shares of 3i Group from a “hold” rating to a “strong sell” rating in a report on Monday, January 26th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of 3i Group in a research report on Friday, January 30th. Four equities 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, the stock has an average rating of “Hold”.

3i Group Trading Up 2.4%

The company has a 50-day moving average of $11.15 and a two-hundred day moving average of $12.29.

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.