Citi raises concerns over Bank of Ireland’s future earnings
Leading broker has maintained ‘sell’ recommendation on the bank’s shares
A leading global broker has raised questions about Bank of Ireland’s ability to grow its loan book and earnings over the next couple of years.
Citi has maintained a ‘sell’ recommendation on the bank’s shares but cut its target for its share price from 23 cents to 17 cents. Shares in the lender have already lost 44 per cent of their value this year, more than twice the drop of the average European ...
