AIB Group

Medium-term targets trajectory likely well understood

  • Sectors : Banks
  • Companies : AIB Group

Ratings and price correct at time of issue.

  • AIB Group

    Closing Price: 290c

  • RATING 23/01/19

  • PREVIOUS RATING 14/08/18



AIB is well set in the coming years to deliver higher returns and profitability, underpinned by a positive backdrop from higher rates and consolidation. In our view, the earnings upsides are well understood, and it is unlikely that a more definitive message on distributions will be delivered at this juncture. The stock has provided a total return of 42.3% year-to-date (ytd), well ahead of the Eurostoxx bank index. While we remain ‘Outperform’ on a 12-month basis, we do not expect the update to be a catalyst.

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Nov 25 2022, 07:00 GMT