Deutsche Bank analyst Robert Noble downgraded AIB Group (AIBRF) to Hold from Buy with an unchanged price target of EUR 6. The firm cites valuation for the downgrade after the stock’s “substantial out-performance” in the last four years.
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Read More on AIBRF:
- BlackRock Reduces Stake in AIB Group, Affecting Voting Rights
- AIB Group Appoints Morgan Stanley as Joint Broker
- AIB Group Sees Reduction in Major Shareholder Voting Rights
- AIB Group Strengthens Capital Position Amid Reduced ECB Requirements
- BlackRock Boosts Stake in AIB Group to Over 6%
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
