Erste Group Bank AG (OTCMKTS:EBKDY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Erste Group Bank AG (OTCMKTS:EBKDY) have been given an average recommendation of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several analysts have weighed in on EBKDY shares. Keefe, Bruyette & Woods raised Erste Group Bank from a “moderate sell” rating to a “hold” rating in a research report on Friday, November 22nd. UBS Group lowered Erste Group Bank from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Citigroup cut shares of Erste Group Bank from a “strong-buy” rating to a “hold” rating in a report on Monday, March 10th. The Goldman Sachs Group upgraded shares of Erste Group Bank from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Erste Group Bank in a research note on Friday, March 7th.

Erste Group Bank Trading Up 0.4 %

Shares of EBKDY opened at $37.17 on Wednesday. The firm’s 50-day moving average price is $33.46 and its 200-day moving average price is $29.88. The firm has a market capitalization of $30.52 billion, a price-to-earnings ratio of 9.20, a PEG ratio of 1.08 and a beta of 1.24. Erste Group Bank has a 1-year low of $21.26 and a 1-year high of $37.36.

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.