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

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

A number of brokerages recently weighed in on EBKDY. Morgan Stanley reissued an “overweight” rating on shares of Erste Group Bank in a report on Friday, March 7th. The Goldman Sachs Group upgraded shares of Erste Group Bank from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 11th. Citigroup lowered shares of Erste Group Bank from a “strong-buy” rating to a “hold” rating in a report on Monday, March 10th. Finally, UBS Group cut Erste Group Bank from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 4th.

Erste Group Bank Stock Down 0.5 %

OTCMKTS EBKDY opened at $30.46 on Friday. The stock’s 50-day simple moving average is $34.47 and its two-hundred day simple moving average is $30.76. Erste Group Bank has a twelve month low of $22.04 and a twelve month high of $37.36. The company has a market capitalization of $25.01 billion, a price-to-earnings ratio of 7.54, a PEG ratio of 1.08 and a beta of 0.95.

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.