3i Group (OTCMKTS:TGOPY) Hits New 12-Month Low – Should You Sell?

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY) reached a new 52-week low during trading on Thursday . The company traded as low as $7.22 and last traded at $7.22, with a volume of 34715 shares traded. The stock had previously closed at $8.36.

Analysts Set New Price Targets

A number of research analysts have recently commented on TGOPY shares. Royal Bank Of Canada cut shares of 3i Group from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th. Deutsche Bank Aktiengesellschaft reissued 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 company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

3i Group Stock Up 3.3%

The firm’s fifty day moving average is $9.04 and its 200-day moving average is $10.61.

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.