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

Erste Group Bank AG (OTCMKTS:EBKDY) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently 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 assigned a strong buy recommendation to the company.

Several analysts have weighed in on the stock. UBS Group lowered shares of Erste Group Bank from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Morgan Stanley restated an “overweight” rating on shares of Erste Group Bank in a research report on Friday, March 7th. Citigroup downgraded 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 raised shares of Erste Group Bank from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, Keefe, Bruyette & Woods raised shares of Erste Group Bank from a “moderate sell” rating to a “hold” rating in a report on Friday, November 22nd.

Erste Group Bank Trading Up 5.9 %

Shares of OTCMKTS:EBKDY opened at $37.32 on Wednesday. Erste Group Bank has a 12-month low of $20.93 and a 12-month high of $37.36. The company has a fifty day simple moving average of $33.17 and a 200 day simple moving average of $29.74. The firm has a market cap of $30.64 billion, a PE ratio of 9.24, a price-to-earnings-growth ratio of 1.08 and a beta of 1.24.

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.