3i Group (OTCMKTS:TGOPY) Shares Gap Down – Here’s Why

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) shares gapped down prior to trading on Monday . The stock had previously closed at $7.39, but opened at $6.95. 3i Group shares last traded at $7.06, with a volume of 52,332 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Royal Bank Of Canada lowered 3i Group from a “hold” rating to a “strong sell” rating in a report on Monday, January 26th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of 3i Group in a report on Friday, January 30th. Four research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

3i Group Trading Down 4.6%

The stock’s fifty day simple moving average is $9.04 and its 200-day simple moving average is $10.58.

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.