Erste Group Bank (OTC:EBKOF) Given New €42.00 Price Target at UBS Group

Erste Group Bank (OTC:EBKOF – Get Rating) had its price target cut by equities researchers at UBS Group from €45.00 ($48.39) to €42.00 ($45.16) in a research report issued to clients and investors on Thursday, The Fly reports. The brokerage presently has a “buy” rating on the stock.

EBKOF opened at $32.26 on Thursday. Erste Group Bank has a 1 year low of $26.50 and a 1 year high of $51.24. The stock’s 50 day simple moving average is $35.05 and its 200-day simple moving average is $42.10.

About Erste Group Bank (Get Rating)

Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, real estate, and public sector customers in Austria, Central and Eastern Europe, and internationally. It operates through Retail, Corporates, Group Markets, Asset/Liability Management and Local Corporate Center, Savings Banks, and Group Corporate Center segments.

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