3i Group (TGOPY) Expected to Release Earnings on Thursday

3i Group (OTCMKTS:TGOPY – Get Free Report) is expected to issue its results on Thursday, November 12th. Analysts expect the company to post earnings of $0.5810 per share and revenue of $2.46 billion for the quarter.

3i Group Stock Performance

OTCMKTS:TGOPY opened at $8.56 on Wednesday. The company has a fifty day moving average of $8.51 and a two-hundred day moving average of $9.08. 3i Group has a fifty-two week low of $6.90 and a fifty-two week high of $14.12.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of 3i Group in a research report on Friday, August 28th. Two research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

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About 3i Group

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3i Group plc is a British investment company focused on private equity and infrastructure. It invests in businesses and assets, working with portfolio companies on their development and growth. The company traces its origins to 1945, when it was established as the Industrial and Commercial Finance Corporation to provide financing to smaller businesses in the United Kingdom. It later expanded into a broader investment group. 3i’s private equity activities focus mainly on companies in Europe and North America, while its infrastructure investments are concentrated primarily in Europe.

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