AIB Group (AIBRF) Projected to Announce Quarterly Earnings on Thursday

AIB Group (OTCMKTS:AIBRF) is expected to post its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $0.4414 per share and revenue of $2.5666 billion for the quarter.

AIB Group Stock Performance

AIBRF opened at $12.26 on Wednesday. The company’s 50-day simple moving average is $11.68 and its two-hundred day simple moving average is $11.06. AIB Group has a 52-week low of $7.34 and a 52-week high of $12.28.

Analysts Set New Price Targets

A number of analysts have recently commented on AIBRF shares. Citigroup reiterated a “buy” rating on shares of AIB Group in a research note on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of AIB Group in a report on Monday, April 13th. Finally, Royal Bank Of Canada downgraded shares of AIB Group from a “sector perform” rating to an “underperform” rating in a research report on Tuesday, July 7th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus 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.