Bank of Ireland Group (OTCMKTS:BKRIY) Reaches New 52-Week High – Time to Buy?

Bank of Ireland Group plc (OTCMKTS:BKRIY) hit a new 52-week high on Tuesday . The stock traded as high as $22.19 and last traded at $21.21, with a volume of 39439 shares changing hands. The stock had previously closed at $21.0090.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on BKRIY shares. Barclays upgraded Bank of Ireland Group from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, April 15th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Bank of Ireland Group in a report on Thursday, May 7th. Zacks Research upgraded Bank of Ireland Group to a “hold” rating in a report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Bank of Ireland Group in a research report on Monday, April 13th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Bank of Ireland Group currently has a consensus rating of “Moderate Buy”.

Bank of Ireland Group Trading Down 2.8%

The firm’s 50-day moving average price is $19.87 and its 200 day moving average price is $19.34.

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.