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Saturday, 06/22/2013 12:03:26 PM

Saturday, June 22, 2013 12:03:26 PM

Post# of 33
Bank of Ireland Stock Rating Upgraded by Deutsche Bank (IRE)
June 21st, 2013 - by Kyle Jackson


Deutsche Bank upgraded shares of Bank of Ireland (NYSE: IRE) from a sell rating to a hold rating in a research report sent to investors on Wednesday morning, TheFlyOnTheWall.com reports.

Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs downgraded shares of Bank of Ireland from a neutral rating to a sell rating in a research note to investors on Monday, June 10th. Analysts at HSBC initiated coverage on shares of Bank of Ireland in a research note to investors on Wednesday, June 5th. They set an underweight rating on the stock.

Shares of Bank of Ireland (NYSE: IRE) traded down 2.08% during mid-day trading on Wednesday, hitting $8.02. 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 $9.39. The company’s market cap is $6.037 billion.

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.