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AIB Group (LON:AIBG) Hits New 12-Month High - Still a Buy?

AIB Group logo with Financial Services background

Key Points

  • AIB Group plc reached a new 52-week high, trading at GBX 646 ($8.75), and saw an increase of 3.5% in its stock price.
  • The company has a market capitalization of £13.85 billion and operates primarily in Ireland and the UK, focusing on Retail Banking, Capital Markets, and AIB UK.
  • AIB Group's current P/E ratio is 724.02, indicating high valuations compared to its earnings.
  • Interested in AIB Group? Here are five stocks we like better.

Shares of AIB Group plc (LON:AIBG - Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 646 ($8.76) and last traded at GBX 646 ($8.76), with a volume of 140962 shares. The stock had previously closed at GBX 626 ($8.49).

AIB Group Price Performance

The business's 50 day moving average price is GBX 608.32 and its 200 day moving average price is GBX 564.82. The stock has a market capitalization of £14.06 billion, a P/E ratio of 735.20 and a beta of 1.65.

AIB Group Company Profile

(Get Free Report)

AIB Group plc operates predominantly in Ireland and the United Kingdom. Our shares are quoted on the Euronext Dublin and the London stock exchange and we are a member of the FTSE4Good index. Our three core segments are: Retail Banking, Capital Markets and AIB UK. We also operate wholesale treasury activities along with control and support functions.

See Also

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