Erste Group Bank AG (OTCMKTS:EBKDY) was downgraded by investment analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Friday.

A number of other equities research analysts have also issued reports on EBKDY. Zacks Investment Research raised shares of Erste Group Bank AG from a “sell” rating to a “hold” rating in a report on Friday, September 29th. Kepler Capital Markets raised shares of Erste Group Bank AG from a “hold” rating to a “buy” rating in a report on Tuesday, September 12th.

Erste Group Bank AG (OTCMKTS EBKDY) traded down 2.21% during trading on Friday, reaching $21.93. 16,283 shares of the company’s stock were exchanged. Erste Group Bank AG has a 12-month low of $13.56 and a 12-month high of $22.60. The company has a market cap of $17.96 billion, a P/E ratio of 15.38 and a beta of 0.89. The stock’s 50-day moving average is $21.77 and its 200-day moving average is $19.85.

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About Erste Group Bank AG

Erste Group Bank AG is a savings bank. The Company offers a range of banking and other financial services, such as savings accounts, asset management (including investment funds), consumer credit and mortgage lending, investment banking, securities and derivatives trading, portfolio management, project finance, foreign trade financing, corporate finance, capital market and money market services, foreign exchange trading, leasing and factoring.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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