Erste Group Bank (EBKDY) Projected to Post Quarterly Earnings on Friday

Erste Group Bank (OTCMKTS:EBKDY) is expected to be announcing its results before the market opens on Friday, February 27th. Analysts expect the company to announce earnings of $0.95 per share for the quarter.

Erste Group Bank Price Performance

Shares of Erste Group Bank stock opened at $62.58 on Friday. Erste Group Bank has a twelve month low of $29.50 and a twelve month high of $66.88. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 1.36. The business has a 50-day moving average price of $61.52 and a 200 day moving average price of $54.34. The firm has a market cap of $48.60 billion, a PE ratio of 15.04, a P/E/G ratio of 0.60 and a beta of 0.85.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Erste Group Bank in a research note on Wednesday, November 5th. Citigroup raised Erste Group Bank to a “strong-buy” rating in a research report on Wednesday, February 11th. Barclays upgraded Erste Group Bank from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, December 2nd. Oddo Bhf cut shares of Erste Group Bank to a “neutral” rating in a research note on Thursday, November 6th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Erste Group Bank in a research note on Monday, November 24th. Three research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

About Erste Group Bank

Erste Group Bank AG is an Austrian banking group headquartered in Vienna that operates as a universal bank serving retail, corporate and institutional customers. The group offers a broad range of financial services including deposit-taking, lending, mortgage financing, payment and transaction banking, and wealth management. Erste Group also provides capital markets services, corporate and investment banking solutions, and a range of insurance and pension-linked products through partnerships and subsidiary operations.

Erste Group maintains a significant regional presence beyond Austria, with operations across several Central and Eastern European countries.