Bank of Ireland Group (OTCMKTS:BKRIY) Shares Up 0.8% – Should You Buy?

Bank of Ireland Group plc (OTCMKTS:BKRIY) shot up 0.8% on Tuesday . The company traded as high as $20.6980 and last traded at $20.36. 32,557 shares traded hands during trading, a decline of 24% from the average session volume of 42,801 shares. The stock had previously closed at $20.20.

Analyst Upgrades and Downgrades

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

Bank of Ireland Group Price Performance

The firm’s 50 day simple moving average is $19.19 and its 200-day simple moving average is $19.07.

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.