Shares of Erste Group Bank AG (OTCMKTS:EBKDY - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $68.43 and traded as high as $72.1533. Erste Group Bank shares last traded at $71.22, with a volume of 58,778 shares traded.
Analyst Ratings Changes
EBKDY has been the topic of a number of recent research reports. Oddo Bhf upgraded Erste Group Bank from a "neutral" rating to an "outperform" rating in a research report on Thursday, August 6th. Citigroup restated a "buy" rating on shares of Erste Group Bank in a research report on Wednesday, July 29th. Morgan Stanley reaffirmed an "overweight" rating on shares of Erste Group Bank in a research note on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Erste Group Bank in a report on Monday, July 20th. Finally, Zacks Research raised Erste Group Bank from a "strong sell" rating to a "hold" rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy".
Read Our Latest Report on EBKDY
Erste Group Bank Stock Down 1.1%
The firm's 50-day simple moving average is $68.43 and its 200 day simple moving average is $62.08. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market cap of $55.32 billion, a P/E ratio of 13.64, a PEG ratio of 0.71 and a beta of 0.85.
Erste Group Bank (OTCMKTS:EBKDY - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.01. Erste Group Bank had a return on equity of 10.22% and a net margin of 18.39%.The business had revenue of $4.62 billion for the quarter, compared to analyst estimates of $4.48 billion. On average, research analysts forecast that Erste Group Bank AG will post 5.91 earnings per share for the current fiscal 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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Erste Group Bank, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Erste Group Bank wasn't on the list.
While Erste Group Bank currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.
Link copied to clipboard.
