AIB Group (OTCMKTS:AIBRF) Stock Price Down 0.3% – Here’s What Happened

AIB Group plc (OTCMKTS:AIBRF)’s share price traded down 0.3% on Wednesday . The company traded as low as $11.2450 and last traded at $11.2450. 753 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 3,464 shares. The stock had previously closed at $11.28.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Citigroup restated a “buy” rating on shares of AIB Group in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of AIB Group in a research report on Monday, April 13th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of AIB Group in a research report on Thursday, May 7th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

AIB Group Stock Performance

The business’s fifty day moving average price is $10.80 and its 200 day moving average price is $10.49.

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.