3i Group (OTCMKTS:TGOPY) Downgraded to “Strong Sell” Rating by Kepler Capital Markets

Kepler Capital Markets cut shares of 3i Group (OTCMKTS:TGOPY) from a hold rating to a strong sell rating in a research note released on Friday,Zacks.com reports.

Several other equities research analysts have also commented on TGOPY. Citigroup reiterated a “buy” rating on shares of 3i Group in a research note on Friday. UBS Group raised 3i Group from a “hold” rating to a “buy” rating in a research report on Thursday, October 2nd. Finally, Sanford C. Bernstein began coverage on 3i Group in a research report on Thursday, September 18th. They issued an “outperform” rating on the stock. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, 3i Group has an average rating of “Moderate Buy”.

3i Group Price Performance

TGOPY traded up $0.11 during mid-day trading on Friday, reaching $11.23. 3,385,599 shares of the stock were exchanged, compared to its average volume of 437,872. The company has a 50 day moving average price of $14.04 and a two-hundred day moving average price of $21.35. 3i Group has a 1 year low of $10.71 and a 1 year high of $15.19.

3i Group Company Profile

3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.