Erste Group Bank (OTCMKTS:EBKDY) Upgraded at Keefe, Bruyette & Woods

Erste Group Bank (OTCMKTS:EBKDY - Get Free Report) was upgraded by research analysts at Keefe, Bruyette & Woods from a "moderate sell" rating to a "hold" rating in a report released on Friday,Zacks.com reports.

Erste Group Bank Stock Performance

Erste Group Bank stock traded down $0.27 during midday trading on Friday, hitting $27.01. 30,568 shares of the company's stock were exchanged, compared to its average volume of 40,069. Erste Group Bank has a 12-month low of $19.47 and a 12-month high of $29.34. The stock has a market cap of $22.74 billion, a price-to-earnings ratio of 6.69, a price-to-earnings-growth ratio of 0.83 and a beta of 1.32. The firm's 50 day simple moving average is $27.25 and its 200 day simple moving average is $25.97.

Erste Group Bank (OTCMKTS:EBKDY - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The financial services provider reported $1.18 EPS for the quarter. The company had revenue of $3.02 billion during the quarter. Erste Group Bank had a net margin of 15.21% and a return on equity of 11.11%. On average, equities research analysts forecast that Erste Group Bank will post 4.27 EPS for the current fiscal year.

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.