AIB Group (AIBRF) Expected to Announce Earnings on Thursday

AIB Group (OTCMKTS:AIBRF) is expected to announce its resultson Thursday, July 30th. Analysts expect AIB Group to post earnings of $0.4414 per share and revenue of $2.5689 billion for the quarter.

AIB Group Stock Performance

OTCMKTS:AIBRF opened at $12.26 on Thursday. The company has a fifty day simple moving average of $11.61 and a two-hundred day simple moving average of $11.03. AIB Group has a 52 week low of $7.34 and a 52 week high of $12.26.

Analyst Upgrades and Downgrades

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