Bank of Ireland Receives Average Recommendation of Hold from Brokerages (NYSE:IRE)
Posted by Ethan Ryder on Dec 19th, 2014 // No Comments
Bank of Ireland (NYSE:IRE) has been given an average rating of Hold by the seven analysts that are currently covering the stock,AnalystRatings.NET reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $21.62.
Several analysts have recently commented on the stock. Analysts at Berenberg Bank initiated coverage on shares of Bank of Ireland in a research note on Wednesday. They set a sell rating on the stock. Analysts at JPMorgan Chase & Co. initiated coverage on shares of Bank of Ireland in a research note on Monday, October 6th. They set a neutral rating on the stock.
Shares of Bank of Ireland (NYSE:IRE) traded down 2.30% on Wednesday, hitting $15.69. 214,054 shares of the companys stock traded hands. Bank of Ireland has a 52 week low of $13.20 and a 52 week high of $22.00. The stocks 50-day moving average is $15.75 and its 200-day moving average is $15.25. The company has a market cap of $12.687 billion and a price-to-earnings ratio of 80.30.
Bank of Ireland and its subsidiaries provide a range of banking and other financial services. The Company operates in five segments: Retail Ireland, Bank of Ireland Life, Retail UK, Corporate and Treasury and Group Centre.
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