Bank of Ireland Group (OTCMKTS:BKRIY) Hits New 1-Year High – Should You Buy?

Bank of Ireland Group plc (OTCMKTS:BKRIY) shares reached a new 52-week high on Monday . The company traded as high as $22.2945 and last traded at $22.2945, with a volume of 1787 shares changing hands. The stock had previously closed at $21.85.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on BKRIY shares. Zacks Research upgraded shares of Bank of Ireland Group to a “hold” rating in a research report on Wednesday, April 29th. Royal Bank Of Canada restated a “sector perform” rating on shares of Bank of Ireland Group in a research report on Monday. Finally, Citigroup reaffirmed a “buy” rating on shares of Bank of Ireland Group in a research note on Monday, August 10th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Bank of Ireland Group has an average rating of “Moderate Buy”.

Bank of Ireland Group Price Performance

The firm has a 50-day simple moving average of $20.69 and a 200 day simple moving average of $19.73.

Bank of Ireland Group Company Profile

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.