Erste Group Bank AG (OTCMKTS:EBKDY) Receives Average Recommendation of “Buy” from Analysts

Shares of Erste Group Bank AG (OTCMKTS:EBKDY) have received a consensus recommendation of “Buy” from the eight ratings firms that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and three have assigned a strong buy recommendation to the company.

EBKDY has been the subject of several research reports. Zacks Research raised Erste Group Bank from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 2nd. Citigroup upgraded Erste Group Bank to a “strong-buy” rating in a research report on Wednesday, February 11th. Barclays upgraded Erste Group Bank from an “equal weight” rating to an “overweight” rating in a report on Tuesday, December 2nd. Finally, Morgan Stanley reissued an “overweight” rating on shares of Erste Group Bank in a research report on Monday, November 24th.

Erste Group Bank Trading Up 3.4%

Shares of EBKDY opened at $53.44 on Thursday. Erste Group Bank has a 1-year low of $29.50 and a 1-year high of $66.88. 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 price is $60.14 and its 200-day moving average price is $55.55. The firm has a market capitalization of $41.51 billion, a price-to-earnings ratio of 11.42, a PEG ratio of 0.49 and a beta of 0.86.

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.