AIB Group (AIBRF) to Post Quarterly Earnings on Thursday

AIB Group (OTCMKTS:AIBRF) is anticipated to issue its resultson Thursday, July 30th. Analysts expect AIB Group to post earnings of $0.4414 per share and revenue of $2.5666 billion for the quarter.

AIB Group Stock Up 3.5%

OTCMKTS:AIBRF opened at $12.26 on Tuesday. The firm’s fifty day simple moving average is $11.67 and its 200-day simple moving average is $11.06. AIB Group has a fifty-two week low of $7.34 and a fifty-two week high of $12.28.

Analysts Set New Price Targets

A number of research analysts have issued reports on AIBRF shares. Royal Bank Of Canada cut shares of AIB Group from a “sector perform” rating to an “underperform” rating in a report on Tuesday, July 7th. Citigroup reissued a “buy” rating on shares of AIB Group in a report on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of AIB Group in a research report on Monday, April 13th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, AIB Group currently has an average rating of “Hold”.

AIB Group Company Profile

AIB Group plc is a leading commercial bank headquartered in Dublin, Ireland, offering a broad range of banking and financial services to personal, business, and corporate customers. Tracing its modern roots to the 1966 merger of three Irish banks—Allied Irish Banks, Provincial Bank of Ireland and Royal Bank of Ireland—AIB has evolved into one of Ireland’s “Big Four” banks. Its shares trade on the Irish Stock Exchange and, in the United States, in the form of American Depositary Receipts under the ticker AIBRF on the OTC Markets.

The bank’s core business activities include retail and private banking, corporate and institutional banking, and treasury services.