BNP Paribas Upgrades Erste Group Bank (OTC:EBKOF) to Buy

Erste Group Bank (OTC:EBKOFGet Rating) was upgraded by research analysts at BNP Paribas to a “buy” rating in a research report issued on Tuesday, TipRanks reports. The firm currently has a $44.00 price target on the stock. BNP Paribas’ price objective suggests a potential upside of 44.83% from the stock’s current price.

Separately, UBS Group decreased their price objective on shares of Erste Group Bank from €45.00 ($47.37) to €42.00 ($44.21) and set a “buy” rating for the company in a report on Thursday, April 28th.

OTC:EBKOF traded down $1.54 during mid-day trading on Tuesday, reaching $30.38. The stock had a trading volume of 344 shares, compared to its average volume of 3,194. The business’s 50 day moving average is $34.28 and its 200 day moving average is $41.82. Erste Group Bank has a fifty-two week low of $26.50 and a fifty-two week high of $51.24.

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. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments.

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