Goodbody recommends sale of BoI shares

A sell recommendation has been placed on Bank of Ireland with a price target of 8c by Goodbody Stockbrokers.

Goodbody recommends sale of BoI shares

The Dublin-based stockbroking firm yesterday lowered its forecast for 2012 full-year pre-provision profits from €415m to €270m.

In a research paper, Goodbody analyst Eamonn Hughes said the bank faced considerable challenges on its way to recovery.

You have reached your article limit. Already a subscriber? Sign in

Continue reading for €5

Unlock unlimited access and exclusive benefits

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited