AIB Group (OTCMKTS:AIBRF) Shares Climb 2.1% – Here’s What Happened

Shares of AIB Group plc (OTCMKTS:AIBRF) shot up 2.1% during trading on Friday. The stock traded as high as $12.30 and last traded at $12.30. 202 shares were traded during trading, a decline of 94% from the average daily volume of 3,614 shares. The stock had previously closed at $12.05.

Wall Street Analyst Weigh In

AIBRF has been the topic of a number of analyst reports. Royal Bank Of Canada reiterated an “underperform” rating on shares of AIB Group in a research report on Wednesday, August 5th. Citigroup reiterated a “buy” rating on shares of AIB Group in a report on Monday, September 21st. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold”.

AIB Group Trading Up 2.1%

The company’s fifty day moving average price is $12.53 and its 200-day moving average price is $11.83.

About AIB Group

AIB Group plc is an Ireland-based banking group and the parent company of Allied Irish Banks. The group provides financial services to personal, business and corporate customers through its AIB, EBS and Haven brands, offering products such as current and savings accounts, mortgages, personal loans, business lending, payment services and investment-related solutions.

AIB serves customers primarily in the Republic of Ireland and the United Kingdom. Its operations include retail and commercial banking, corporate and institutional banking, treasury services and wealth management.