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

Shares of Erste Group Bank AG (OTCMKTS:EBKDY) have received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities research analysts have recently weighed in on EBKDY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Erste Group Bank in a report on Wednesday, November 5th. Morgan Stanley reaffirmed an “overweight” rating on shares of Erste Group Bank in a research note on Monday, November 24th. Barclays upgraded Erste Group Bank from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, December 2nd. Finally, Oddo Bhf lowered Erste Group Bank to a “neutral” rating in a report on Thursday, November 6th.

Erste Group Bank Price Performance

Shares of OTCMKTS EBKDY opened at $64.56 on Wednesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.15 and a quick ratio of 0.15. The firm has a market capitalization of $50.14 billion, a PE ratio of 15.52, a P/E/G ratio of 0.70 and a beta of 0.85. Erste Group Bank has a 1-year low of $29.50 and a 1-year high of $66.88. The business’s fifty day moving average price is $59.33 and its two-hundred day moving average price is $52.57.

Erste Group Bank (OTCMKTS:EBKDY) last released its quarterly earnings results on Friday, October 31st. The financial services provider reported $1.29 EPS for the quarter, topping the consensus estimate of $1.10 by $0.19. Erste Group Bank had a net margin of 17.36% and a return on equity of 9.85%. The business had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.30 billion. On average, research analysts expect that Erste Group Bank will post 4.05 EPS for the current year.

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.