Erste Group Bank AG (OTCMKTS:EBKDY - Get Free Report)'s stock price hit a new 52-week high on Thursday . The stock traded as high as $73.10 and last traded at $72.90, with a volume of 24305 shares traded. The stock had previously closed at $72.32.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on EBKDY. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Erste Group Bank in a research report on Monday, July 20th. Zacks Research raised Erste Group Bank from a "strong sell" rating to a "hold" rating in a research note on Friday, August 7th. Citigroup restated a "buy" rating on shares of Erste Group Bank in a report on Wednesday, July 29th. Morgan Stanley reaffirmed an "overweight" rating on shares of Erste Group Bank in a research note on Wednesday, July 29th. Finally, The Goldman Sachs Group upgraded Erste Group Bank to a "strong-buy" rating in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy".
View Our Latest Stock Report on Erste Group Bank
Erste Group Bank Trading Up 0.8%
The stock has a market cap of $56.62 billion, a P/E ratio of 13.97, a PEG ratio of 0.71 and a beta of 0.85. The company has a 50 day simple moving average of $67.49 and a 200 day simple moving average of $61.55.
Erste Group Bank (OTCMKTS:EBKDY - Get Free Report) last released its earnings results on Thursday, July 30th. The financial services provider reported $1.44 earnings per share for the quarter, beating analysts' consensus estimates of $1.43 by $0.01. The business had revenue of $4.62 billion during the quarter, compared to the consensus estimate of $4.48 billion. Erste Group Bank had a net margin of 18.39% and a return on equity of 11.32%. As a group, sell-side analysts expect that Erste Group Bank AG will post 5.91 earnings per share for the current year.
Erste Group Bank Company Profile
(
Get Free Report)
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.
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