Erste Group Bank AG (OTCMKTS:EBKDY) Receives Consensus Rating of "Moderate Buy" from Analysts

Shares of Erste Group Bank AG (OTCMKTS:EBKDY - Get Free Report) have earned an average rating of "Moderate Buy" from the six research firms that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company.

EBKDY has been the subject of several recent research reports. Morgan Stanley reissued an "overweight" rating on shares of Erste Group Bank in a research report on Friday, March 7th. UBS Group cut Erste Group Bank from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Finally, Citigroup cut shares of Erste Group Bank from a "strong-buy" rating to a "hold" rating in a report on Monday, March 10th.

Erste Group Bank Stock Performance

Shares of EBKDY traded down $0.68 during midday trading on Thursday, hitting $33.30. 240,584 shares of the stock were exchanged, compared to its average volume of 68,572. The firm has a market cap of $27.34 billion, a P/E ratio of 8.24, a P/E/G ratio of 1.08 and a beta of 0.95. Erste Group Bank has a 52-week low of $22.36 and a 52-week high of $37.36. The stock has a fifty day simple moving average of $34.92 and a 200 day simple moving average of $31.71.

Erste Group Bank (OTCMKTS:EBKDY - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.96 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.10 by ($0.14). Erste Group Bank had a return on equity of 10.95% and a net margin of 15.21%. The business had revenue of $3.21 billion for the quarter, compared to analysts' expectations of $3.21 billion. As a group, equities research analysts forecast that Erste Group Bank will post 4.05 EPS for the current fiscal year.

Erste Group Bank Company Profile

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.