Morgan Stanley analyst Bruce Hamilton downgraded 3i Group to Equal Weight from Overweight with a price target of 3,192 GBp, down from 3,246 GBp. The analyst cites valuation for the downgrade with the shares up 125% since the start of 2023.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TGOPY:
- 3i Group downgraded to Neutral from Buy at UBS
- 3i Group (TGOPY) Announces Q3 Dividend: Read On for Important Dates
- 3i Group price target lowered to 3,030 GBp from 3,050 GBp at Barclays
- 3i Group price target raised to 2,918 GBp from 2,647 GBp at Deutsche Bank
- 3i Group price target raised to 3,050 GBp from 2,815 GBp at Barclays