Erste Group Bank AG (OTCMKTS:EBKDY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Erste Group Bank AG (OTCMKTS:EBKDY) has been given a consensus rating of “Moderate Buy” by the seven research firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several equities analysts have commented on EBKDY shares. Morgan Stanley reissued an “overweight” rating on shares of Erste Group Bank in a research report on Wednesday, June 10th. Zacks Research downgraded Erste Group Bank from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Erste Group Bank in a report on Friday, April 17th.

Erste Group Bank Price Performance

OTCMKTS EBKDY opened at $65.46 on Friday. The company has a fifty day moving average price of $59.99 and a 200-day moving average price of $59.47. The firm has a market cap of $50.84 billion, a price-to-earnings ratio of 13.14, a PEG ratio of 0.66 and a beta of 0.85. Erste Group Bank has a 1 year low of $41.61 and a 1 year high of $67.00.

Erste Group Bank (OTCMKTS:EBKDY) last released its quarterly earnings results on Thursday, April 30th. The financial services provider reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.05). Erste Group Bank had a net margin of 19.27% and a return on equity of 10.96%. The firm had revenue of $4.60 billion for the quarter, compared to the consensus estimate of $4.53 billion. On average, research analysts anticipate that Erste Group Bank will post 5.85 EPS for the current fiscal year.

Erste Group Bank Company Profile

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.