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

Shares of Erste Group Bank AG (OTCMKTS:EBKDYGet Free Report) have earned a consensus recommendation of “Buy” from the eight brokerages that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, three have given a buy rating and three have given a strong buy rating to the company.

Several equities research analysts have commented on the company. Oddo Bhf cut Erste Group Bank to a “neutral” rating in a research note on Thursday, November 6th. Barclays upgraded shares of Erste Group Bank from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, December 2nd. Morgan Stanley restated an “overweight” rating on shares of Erste Group Bank in a research note on Monday, November 24th. Citigroup upgraded Erste Group Bank to a “strong-buy” rating in a research note on Wednesday, February 11th. Finally, Zacks Research raised shares of Erste Group Bank from a “hold” rating to a “strong-buy” rating in a report on Monday, February 2nd.

Get Our Latest Stock Report on Erste Group Bank

Erste Group Bank Price Performance

Shares of EBKDY opened at $59.15 on Friday. The stock has a 50 day simple moving average of $61.95 and a 200 day simple moving average of $54.90. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.15 and a current ratio of 0.15. Erste Group Bank has a 52-week low of $29.50 and a 52-week high of $66.88. The firm has a market capitalization of $45.94 billion, a PE ratio of 12.64, a P/E/G ratio of 0.57 and a beta of 0.85.

Erste Group Bank Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Erste Group Bank (OTCMKTS:EBKDY)

Receive News & Ratings for Erste Group Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Erste Group Bank and related companies with MarketBeat.com's FREE daily email newsletter.