Bank of Ireland Group (OTCMKTS:BKRIY) Shares Down 5.1% – Here’s What Happened

Bank of Ireland Group plc (OTCMKTS:BKRIY) shares fell 5.1% during mid-day trading on Thursday . The company traded as low as $19.4190 and last traded at $19.71. 97,788 shares were traded during trading, an increase of 270% from the average session volume of 26,412 shares. The stock had previously closed at $20.77.

Analysts Set New Price Targets

A number of research firms recently weighed in on BKRIY. Citigroup reaffirmed a “buy” rating on shares of Bank of Ireland Group in a report on Monday, November 24th. Morgan Stanley raised Bank of Ireland Group from an “underweight” rating to an “overweight” rating in a research report on Monday, November 24th. UBS Group raised Bank of Ireland Group to a “buy” rating in a report on Wednesday, November 5th. Finally, Royal Bank Of Canada lowered Bank of Ireland Group from an “outperform” rating to a “sector perform” rating in a research note on Friday, December 5th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Bank of Ireland Group Stock Performance

The firm’s 50-day moving average price is $19.38 and its 200 day moving average price is $17.07.

About Bank of Ireland Group

Bank of Ireland Group (OTCMKTS:BKRIY) is a leading financial services provider headquartered in Dublin, Ireland. Established in 1783, the bank has grown to become one of the country’s largest banking institutions, offering a diverse range of products and services to retail, corporate and institutional clients. The group’s core operations include traditional retail banking, corporate and commercial banking, and wealth and asset management.

In the retail segment, Bank of Ireland provides deposit accounts, personal loans, credit cards, mortgages and insurance solutions to individual customers.