3i Group (OTCMKTS:TGOPY) Shares Gap Up – Time to Buy?

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY – Get Free Report)’s share price gapped up prior to trading on Thursday. The stock had previously closed at $7.87, but opened at $8.2347. 3i Group shares last traded at $8.18, with a volume of 88,338 shares traded.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of 3i Group in a research note on Friday, August 28th. Two analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, 3i Group has a consensus rating of “Hold”.

View Our Latest Stock Analysis on TGOPY

3i Group Stock Performance

The firm’s 50 day moving average price is $9.03 and its 200-day moving average price is $8.69.

About 3i Group

(Get Free Report)

3i Group plc is an international investment company headquartered in London, United Kingdom. It invests in and supports businesses through two principal areas: private equity and infrastructure. The company typically takes significant or controlling interests in established businesses, working with management teams to support growth, operational development and long-term value creation.

Through its private equity activities, 3i focuses primarily on mid-market companies, particularly in Northern Europe.

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