AIB Group (OTCMKTS:AIBRF) Trading Up 3.2% – What’s Next?

Shares of AIB Group plc (OTCMKTS:AIBRF) shot up 3.2% during mid-day trading on Monday . The company traded as high as $7.17 and last traded at $7.17. 5,178 shares changed hands during trading, a decline of 52% from the average session volume of 10,773 shares. The stock had previously closed at $6.94.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on AIBRF shares. Royal Bank of Canada restated a “sector perform” rating on shares of AIB Group in a research note on Tuesday, March 11th. Morgan Stanley restated an “underweight” rating on shares of AIB Group in a research note on Friday, March 7th.

AIB Group Stock Up 3.2 %

The firm’s fifty day moving average is $6.51 and its two-hundred day moving average is $5.90.

AIB Group Company Profile

AIB Group plc provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland and the United Kingdom. It operates through Retail Banking, AIB Capital Markets, and AIB UK, and Group segments. The company offers current and savings accounts, demand deposits, notice deposits, fixed term deposits, junior/student saver deposits, and currency deposits.