Erste Group Bank (OTCMKTS:EBKDY) Hits New 52-Week High - What's Next?

Erste Group Bank AG (OTCMKTS:EBKDY - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $36.73 and last traded at $36.50, with a volume of 19159 shares changing hands. The stock had previously closed at $35.04.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Keefe, Bruyette & Woods upgraded Erste Group Bank from a "moderate sell" rating to a "hold" rating in a research report on Friday, November 22nd. The Goldman Sachs Group upgraded Erste Group Bank from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, December 11th.

Erste Group Bank Stock Down 0.4 %

The stock has a market cap of $28.24 billion, a PE ratio of 8.51, a P/E/G ratio of 1.08 and a beta of 1.25. The stock has a 50-day moving average of $31.71 and a 200 day moving average of $28.72.

About Erste Group Bank

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.