Bank of Ireland Group (OTCMKTS:BKRIY) Trading Down 5.1% – Time to Sell?

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

Wall Street Analysts Forecast Growth

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

Bank of Ireland Group Stock Performance

The business’s 50-day simple moving average is $19.41 and its 200 day simple moving average is $17.12.

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.