AIB Group (AIBRF) Projected to Post Earnings on Wednesday

AIB Group (OTCMKTS:AIBRF) is expected to be issuing its results before the market opens on Wednesday, March 4th. Analysts expect the company to announce earnings of $0.4628 per share and revenue of $2.6199 billion for the quarter.

AIB Group Price Performance

OTCMKTS:AIBRF opened at $10.43 on Wednesday. AIB Group has a 12 month low of $5.60 and a 12 month high of $11.63. The business’s 50-day moving average is $10.71 and its two-hundred day moving average is $9.61.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of AIB Group in a research report on Monday. Citigroup reaffirmed a “buy” rating on shares of AIB Group in a research note on Monday, November 24th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

About AIB Group

AIB Group plc is a leading commercial bank headquartered in Dublin, Ireland, offering a broad range of banking and financial services to personal, business, and corporate customers. Tracing its modern roots to the 1966 merger of three Irish banks—Allied Irish Banks, Provincial Bank of Ireland and Royal Bank of Ireland—AIB has evolved into one of Ireland’s “Big Four” banks. Its shares trade on the Irish Stock Exchange and, in the United States, in the form of American Depositary Receipts under the ticker AIBRF on the OTC Markets.

The bank’s core business activities include retail and private banking, corporate and institutional banking, and treasury services.