3I GROUP (TGOPF) Downgraded to “Neutral” at Macquarie

Macquarie downgraded shares of 3I GROUP (OTC:TGOPF) from an outperform rating to a neutral rating in a report issued on Tuesday.

Separately, Morgan Stanley assumed coverage on 3I GROUP in a research note on Thursday, December 1st. They issued an equal weight rating for the company.

3I GROUP (OTC:TGOPF) traded up 2.37% on Tuesday, reaching $8.65. The company had a trading volume of 120 shares. 3I GROUP has a 1-year low of $5.75 and a 1-year high of $8.65. The stock’s 50 day moving average is $8.32 and its 200-day moving average is $7.97. The stock has a market capitalization of $8.31 billion and a P/E ratio of 3.98.

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