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

Shares of Erste Group Bank AG (OTCMKTS:EBKDY) have received a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company.

EBKDY has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Erste Group Bank in a report on Wednesday, November 5th. Morgan Stanley reiterated an “overweight” rating on shares of Erste Group Bank in a research note on Monday, November 24th. Barclays upgraded shares of Erste Group Bank from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, December 2nd. Finally, Oddo Bhf lowered shares of Erste Group Bank to a “neutral” rating in a research note on Thursday, November 6th.

Erste Group Bank Trading Down 1.5%

OTCMKTS:EBKDY opened at $60.02 on Friday. Erste Group Bank has a 12 month low of $29.50 and a 12 month high of $61.85. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 1.36. The firm’s 50 day moving average is $56.17 and its 200 day moving average is $50.46. The stock has a market capitalization of $49.28 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 0.84 and a beta of 0.85.

Erste Group Bank (OTCMKTS:EBKDY) last announced its quarterly earnings data on Friday, October 31st. The financial services provider reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.19. The business had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.30 billion. Erste Group Bank had a return on equity of 9.85% and a net margin of 17.36%. Sell-side analysts expect that Erste Group Bank will post 4.05 earnings per share for the current year.

Erste Group Bank Company Profile

Erste Group Bank AG is an Austrian banking group headquartered in Vienna that operates as a universal bank serving retail, corporate and institutional customers. The group offers a broad range of financial services including deposit-taking, lending, mortgage financing, payment and transaction banking, and wealth management. Erste Group also provides capital markets services, corporate and investment banking solutions, and a range of insurance and pension-linked products through partnerships and subsidiary operations.

Erste Group maintains a significant regional presence beyond Austria, with operations across several Central and Eastern European countries.