Goldman Sachs Downgrades Bank Of Ireland To ‘Sell’ – ValueWalk Premium
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Goldman Sachs Downgrades Bank Of Ireland To ‘Sell’

Bank of Ireland (NYSE:IRE) has been downgraded by Goldman Sachs Group, Inc. (NYSE:GS) from ‘Neutral’ to ‘Sell’, owing to the elimination of valuation gaps between the Irish bank and its peers.

Pawel Dziedzic and the team at Goldman Sachs Group, Inc. (NYSE:GS) in an equity research report published today anticipate almost zero return potential from the bank as against an over 20 percent return expected from the banking sector.

The research report notes . . .

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