Bank of Ireland Group (OTCMKTS:BKRIY) Reaches New 12-Month High – Should You Buy?

Bank of Ireland Group plc (OTCMKTS:BKRIY)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $22.50 and last traded at $22.4540, with a volume of 6586 shares traded. The stock had previously closed at $22.27.

Analysts Set New Price Targets

Several analysts recently commented on BKRIY shares. Zacks Research raised shares of Bank of Ireland Group to a “hold” rating in a research report on Wednesday, April 29th. Citigroup reaffirmed a “buy” rating on shares of Bank of Ireland Group in a report on Monday, August 10th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Bank of Ireland Group in a research note on Monday, August 17th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Bank of Ireland Group Stock Up 0.2%

The stock has a fifty day simple moving average of $20.88 and a 200 day simple moving average of $19.79.

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.