3i Group (OTCMKTS:CYBBF) Downgraded to Sector Perform at Royal Bank of Canada

3i Group (OTCMKTS:CYBBF) was downgraded by Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a research note issued to investors on Wednesday, The Fly reports.

A number of other research analysts have also commented on CYBBF. UBS Group reiterated a “buy” rating on shares of 3i Group in a research note on Wednesday, May 13th. Keefe, Bruyette & Woods lowered shares of 3i Group from an “outperform” rating to an “underperform” rating in a research note on Thursday, June 25th. Finally, Investec lowered shares of 3i Group from a “buy” rating to a “hold” rating in a research report on Friday, May 29th.

OTCMKTS CYBBF opened at $1.23 on Wednesday. 3i Group has a 12 month low of $0.84 and a 12 month high of $2.55. The company’s 50 day moving average is $0.92.

About 3i Group

Virgin Money UK PLC, through its subsidiaries, provides banking products and services for consumers, and small and medium sized businesses under the Clydesdale Bank, Yorkshire Bank, and B and Virgin Money brands in the United Kingdom. It also offers online and mobile banking, and telephone banking services.

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