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

Erste Group Bank AG (OTCMKTS:EBKDY) has been assigned an average recommendation of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company.

EBKDY has been the topic of a number of analyst reports. UBS Group lowered shares of Erste Group Bank from a “strong-buy” rating to a “hold” rating in a 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. Finally, Morgan Stanley restated an “overweight” rating on shares of Erste Group Bank in a research report on Friday, March 7th.

Erste Group Bank Stock Up 2.4 %

Shares of EBKDY opened at $33.68 on Friday. Erste Group Bank has a twelve month low of $22.04 and a twelve month high of $37.36. The stock has a market cap of $27.65 billion, a PE ratio of 8.34, a P/E/G ratio of 1.08 and a beta of 0.95. The business’s 50-day moving average price is $34.63 and its 200-day moving average price is $30.91.

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.