Bank of Ireland gains as Goldman Sachs raises rating to buy
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Bank of Ireland rose as much as as 4.9pc in Dublin trading after Goldman Sachs raised its rating on the stock to "buy" from "neutral."
The stock rose as much as 8 cents to €1.70, and traded at €1.67 at 10:56am in Dublin trading.
Meanwhile, Standard & Poor’s Ratings Services cut its ratings on deferrable capital instruments issued by Bank of Ireland to CCC from B for instruments without voting rights, and from B- for instruments with voting rights.
- Dara Doyle
© Bloomberg
