Erste Group Bank AG (OTCMKTS:EBKDY) Receives Average Rating of "Moderate Buy" from Brokerages

Shares of Erste Group Bank AG (OTCMKTS:EBKDY - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company.

EBKDY has been the subject of several recent analyst reports. Morgan Stanley reiterated an "overweight" rating on shares of Erste Group Bank in a research note on Friday, March 7th. The Goldman Sachs Group raised Erste Group Bank from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, December 11th. Citigroup cut Erste Group Bank from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 10th. Finally, UBS Group lowered Erste Group Bank from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 4th.

Erste Group Bank Stock Performance

EBKDY traded up $0.01 on Friday, hitting $32.88. The company had a trading volume of 51,035 shares, compared to its average volume of 69,559. The stock has a market capitalization of $27.00 billion, a price-to-earnings ratio of 8.14, a P/E/G ratio of 1.08 and a beta of 0.95. The stock has a fifty day moving average price of $34.58 and a 200-day moving average price of $30.86. Erste Group Bank has a 12-month low of $22.04 and a 12-month high of $37.36.

Remove Ads

Erste Group Bank Company Profile

Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products.