Bank of Ireland Group (OTCMKTS:BKRIY) Reaches New 52-Week High – Here’s Why

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

Analyst Upgrades and Downgrades

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

Bank of Ireland Group Stock Performance

The business has a 50 day moving average of $19.83 and a 200 day moving average of $19.31.

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.