Bank of Ireland Group (OTCMKTS:BKRIY) Cut to “Underperform” at Keefe, Bruyette & Woods

Bank of Ireland Group (OTCMKTS:BKRIYGet Rating) was downgraded by research analysts at Keefe, Bruyette & Woods from an “outperform” rating to an “underperform” rating in a research report issued on Wednesday, The Fly reports.

BKRIY has been the subject of a number of other reports. AlphaValue lowered Bank of Ireland Group to a “sell” rating in a research note on Tuesday, March 15th. Berenberg Bank upgraded Bank of Ireland Group from a “hold” rating to a “buy” rating in a research note on Tuesday, April 12th. JPMorgan Chase & Co. cut their target price on Bank of Ireland Group from €6.60 ($7.10) to €5.80 ($6.24) and set a “neutral” rating for the company in a research note on Monday, March 14th. Finally, Morgan Stanley upped their target price on Bank of Ireland Group from €6.00 ($6.45) to €7.00 ($7.53) in a research note on Tuesday, February 15th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $6.33.

Shares of BKRIY stock opened at $7.15 on Wednesday. Bank of Ireland Group has a 12 month low of $4.66 and a 12 month high of $7.77. The stock has a 50 day moving average of $6.61 and a 200-day moving average of $6.30.

About Bank of Ireland Group (Get Rating)

Bank of Ireland Group plc provides various banking and financial products and services. The company operates through Retail Ireland, Wealth and Insurance, Retail UK, and Corporate and Treasury segments. It provides current and savings accounts, and business deposits and accounts; personal, car, home improvement, graduate, and student loans, as well as overdrafts; and business and farming loans, BREXIT loans, invoice finance, hire purchase, and leasing services.

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