JPMorgan Chase & Co. raises Bank of Ireland (OTCMKTS:BKRIY) group price target to €6.00

Bank of Ireland Group (OTCMKTS:BKRIY – Get a Rating) had its price target raised by stock analysts at JPMorgan Chase & Co. from €5.80 ($6.04) to €6.00 ​​($6.25) in a report on Thursday, reports The Fly.

Several other equity research analysts have also recently weighed in on BKRIY. Berenberg Bank upgraded Bank of Ireland Group shares from a “hold” rating to a “buy” rating in a Tuesday, April 12 research report. Keefe, Bruyette & Woods downgraded Bank of Ireland Group shares from an “outperforming” rating to an “underperforming” rating in a report on Wednesday, April 27. Morgan Stanley raised its price target on Bank of Ireland Group from €6.00 ​​($6.25) to €7.00 ($7.29) in a Tuesday, February 15 report. Finally, AlphaValue downgraded Bank of Ireland Group to a “sell” rating in a Tuesday, March 15 research report. Two equity research analysts gave the stock a sell rating, two issued a hold rating and four gave the company a buy rating. According to MarketBeat, Bank of Ireland Group currently has an average rating of “Hold” and an average price target of $6.40.

Shares of OTCMKTS:BKRIY traded down $0.02 during Thursday’s trading, hitting $6.15. 255 shares of the company were traded, against an average volume of 3,768. The Bank of Ireland group has a 52-week low of $4.66 and a 52-week high of $7.77. The company’s 50-day moving average is $6.40 and its 200-day moving average is $6.29.

About Bank of Ireland Group (Get a rating)

Bank of Ireland Group plc provides a variety of banking and financial products and services. The Company operates through Retail Ireland, Wealth and Insurance, Retail UK and Corporate and Treasury segments. It provides current and savings accounts, as well as deposits and business accounts; personal, auto, home improvement, graduate and student loans, and overdrafts; and commercial and agricultural loans, BREXIT loans, invoice financing, hire purchase and leasing services.

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