AIB Group plc (OTCMKTS:AIBRF) has been given a consensus recommendation of “Hold” by the twelve research firms that are covering the stock, Marketbeat.com reports. Nine research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $2.65.
A number of analysts have recently commented on AIBRF shares. Morgan Stanley reissued an “equal weight” rating on shares of AIB Group in a research note on Thursday, August 5th. Citigroup reiterated a “neutral” rating on shares of AIB Group in a report on Friday, September 3rd. Barclays restated an “equal weight” rating on shares of AIB Group in a report on Wednesday, June 2nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of AIB Group in a report on Tuesday, August 31st. Finally, Berenberg Bank downgraded shares of AIB Group from a “buy” rating to a “hold” rating and set a $2.65 price objective on the stock. in a research report on Friday, September 3rd.
OTCMKTS AIBRF remained flat at $$2.60 on Thursday. 29 shares of the company were exchanged, compared to its average volume of 5,358. The business has a fifty day moving average of $2.63 and a 200 day moving average of $2.73. AIB Group has a 52 week low of $0.97 and a 52 week high of $3.48.
AIB Group Plc engages in the provision of financial services. It operates through the following segments: Retail Banking, Corporate, Institutional, and Business Banking (CIB), Wholesale, AIB UK, and Group. The Retail Banking segment focuses on meeting the current, emerging and future needs of personal and SME customers.
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