AIB Group plc (OTCMKTS:AIBRF) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of AIB Group plc (OTCMKTS:AIBRFGet Rating) have been assigned an average recommendation of “Moderate Buy” from the nine ratings firms that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $3.41.

Several analysts recently weighed in on the company. Berenberg Bank increased their target price on AIB Group from €3.20 ($3.27) to €3.80 ($3.88) and gave the company a “buy” rating in a research note on Wednesday, November 2nd. Barclays raised their price objective on AIB Group from €3.20 ($3.27) to €3.40 ($3.47) and gave the stock an “equal weight” rating in a research report on Monday, October 24th. Exane BNP Paribas upgraded AIB Group from a “neutral” rating to an “outperform” rating and set a €3.60 ($3.67) price objective for the company in a research report on Friday, September 9th. UBS Group increased their target price on AIB Group from €2.67 ($2.72) to €2.80 ($2.86) in a report on Wednesday, August 10th. Finally, JPMorgan Chase & Co. raised their price target on AIB Group from €3.20 ($3.27) to €3.80 ($3.88) and gave the company an “overweight” rating in a report on Monday, October 31st.

AIB Group Price Performance

Shares of AIBRF stock opened at $3.12 on Wednesday. The stock’s 50-day moving average is $2.74 and its two-hundred day moving average is $2.42. AIB Group has a fifty-two week low of $1.98 and a fifty-two week high of $3.27.

About AIB Group

(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.

Read More

Analyst Recommendations for AIB Group (OTCMKTS:AIBRF)

Receive News & Ratings for AIB Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AIB Group and related companies with MarketBeat.com's FREE daily email newsletter.