Brokerages Set AIB Group plc (OTCMKTS:AIBRF) Price Target at $2.68

AIB Group plc (OTCMKTS:AIBRFGet Rating) has been assigned an average recommendation of “Buy” from the seven ratings firms that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $2.68.

Several analysts have weighed in on the company. UBS Group lowered their price target on AIB Group from €2.90 ($3.15) to €2.65 ($2.88) and set a “buy” rating on the stock in a report on Thursday, March 10th. Morgan Stanley raised their price target on AIB Group from €2.50 ($2.72) to €2.75 ($2.99) and gave the company an “equal weight” rating in a report on Tuesday, February 15th. Finally, Citigroup raised AIB Group from a “neutral” rating to a “buy” rating in a report on Friday, April 1st.

Shares of OTCMKTS:AIBRF traded down $0.12 on Wednesday, hitting $2.04. The company’s stock had a trading volume of 80,137 shares, compared to its average volume of 7,540. The firm’s 50-day moving average price is $2.45. AIB Group has a 1 year low of $1.98 and a 1 year high of $3.48.

AIB Group Company Profile (Get Rating)

AIB Group plc provides banking and financial products and services to retail, business, and corporate customers. It operates through Retail Banking, Corporate Institutional & Business Banking, AIB UK, and Group segments. The company offers current and savings accounts, demand deposits, notice deposits, fixed term deposits, junior/student saver deposits, and currency deposits.

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Analyst Recommendations for AIB Group (OTCMKTS:AIBRF)

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