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

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

Analyst Upgrades and Downgrades

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

Bank of Ireland Group Stock Down 5.1%

The firm’s 50 day simple moving average is $19.38 and its 200 day simple moving average 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.