Erste Group Bank (OTCMKTS:EBKDY) Stock Rating Upgraded by Exane BNP Paribas

Share on StockTwits

Erste Group Bank (OTCMKTS:EBKDY) was upgraded by Exane BNP Paribas from a “neutral” rating to an “outperform” rating in a research note issued to investors on Monday, The Fly reports.

A number of other analysts have also commented on EBKDY. Morgan Stanley reiterated an “equal weight” rating on shares of Erste Group Bank in a research note on Thursday, January 28th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Erste Group Bank in a report on Tuesday, March 2nd. JPMorgan Chase & Co. downgraded shares of Erste Group Bank from an “overweight” rating to a “neutral” rating in a report on Monday, March 8th. BNP Paribas cut shares of Erste Group Bank from an “outperform” rating to a “neutral” rating in a research note on Wednesday, January 27th. Finally, Credit Suisse Group began coverage on shares of Erste Group Bank in a report on Monday, February 1st. They issued a “neutral” rating on the stock. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $20.00.

Shares of Erste Group Bank stock opened at $18.01 on Monday. The firm has a market cap of $15.48 billion, a PE ratio of 17.49, a P/E/G ratio of 6.78 and a beta of 1.51. Erste Group Bank has a 1 year low of $9.50 and a 1 year high of $18.15. The stock has a fifty day moving average price of $17.42 and a 200-day moving average price of $15.41.

Erste Group Bank (OTCMKTS:EBKDY) last announced its quarterly earnings data on Friday, April 30th. The financial services provider reported $0.50 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.07. Erste Group Bank had a return on equity of 4.23% and a net margin of 10.26%. As a group, equities analysts forecast that Erste Group Bank will post 1 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, real estate, and public sector customers in Austria, Central and Eastern Europe, and internationally. It operates through Retail, Corporates, Group Markets, Asset/Liability Management and Local Corporate Center, Savings Banks, and Group Corporate Center segments.

Featured Article: What is the downside to momentum investing?

The Fly

Analyst Recommendations for Erste Group Bank (OTCMKTS:EBKDY)

Receive News & Ratings for Erste Group Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Erste Group Bank and related companies with's FREE daily email newsletter.