AIB Group (OTCMKTS:AIBRF) Shares Up 1.2% – Should You Buy?

AIB Group plc (OTCMKTS:AIBRF)’s stock price was up 1.2% on Wednesday . The stock traded as high as $11.05 and last traded at $11.05. Approximately 1,432 shares traded hands during trading, a decline of 64% from the average daily volume of 3,990 shares. The stock had previously closed at $10.92.

Analysts Set New Price Targets

Several analysts recently commented on AIBRF shares. Citigroup reissued a “buy” rating on shares of AIB Group in a research report on Monday, November 24th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of AIB Group in a report on Monday, December 15th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, AIB Group presently has a consensus rating of “Hold”.

AIB Group Price Performance

The firm has a fifty day moving average of $10.37 and a 200 day moving average of $9.20.

About AIB Group

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.