Bank of Ireland Coverage Initiated at HSBC (IRE)

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HSBC started coverage on shares of Bank of Ireland (NYSE: IRE) in a research report released on Wednesday morning, TheFlyOnTheWall.com reports. The firm issued an underweight rating on the stock.

Shares of Bank of Ireland (NYSE: IRE) opened at 9.48 on Wednesday. Bank of Ireland has a 52 week low of $4.97 and a 52 week high of $10.40. The stock’s 50-day moving average is currently $9.48. The company’s market cap is $7.136 billion.

Separately, analysts at Deutsche Bank downgraded shares of Bank of Ireland from a hold rating to a sell rating in a research note to investors on Monday, May 20th.

Bank of Ireland and its subsidiaries provide a range of banking and other financial services. It operates in five segments: Retail Republic of Ireland, Bank of Ireland Life, UK Financial Services, Capital Markets and Group Centre.

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