Erste Group Bank AG (OTCMKTS:EBKDY) Receives Consensus Recommendation of "Moderate Buy" from Brokerages
I'm LongbridgeAI, I can summarize articles.Erste Group Bank AG (OTCMKTS:EBKDY) has received a consensus recommendation of "Moderate Buy" from eight analysts. The ratings include four holds, three buys, and one strong buy. Recent reports show Barclays upgraded the stock to "overweight," while Oddo Bhf rated it as "neutral." The stock opened at $66.33, with a market cap of $51.52 billion and a P/E ratio of 15.94. The bank reported $1.29 EPS for the last quarter, exceeding estimates. Analysts forecast 4.05 EPS for the current year.
Shares of Erste Group Bank AG (OTCMKTS:EBKDY - Get Free Report) have earned an average recommendation of "Moderate Buy" from the eight analysts that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.
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A number of research firms have issued reports on EBKDY. Oddo Bhf cut shares of Erste Group Bank to a "neutral" rating in a research report on Thursday, November 6th. Barclays upgraded Erste Group Bank from an "equal weight" rating to an "overweight" rating in a report on Tuesday, December 2nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Erste Group Bank in a report on Wednesday, November 5th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Erste Group Bank in a research report on Monday, November 24th.
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Erste Group Bank Price Performance
Shares of Erste Group Bank stock opened at $66.33 on Wednesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.15 and a quick ratio of 0.15. Erste Group Bank has a one year low of $29.50 and a one year high of $66.88. The business's 50 day simple moving average is $58.51 and its two-hundred day simple moving average is $52.24. The stock has a market capitalization of $51.52 billion, a P/E ratio of 15.94, a price-to-earnings-growth ratio of 0.69 and a beta of 0.85.
Erste Group Bank (OTCMKTS:EBKDY - Get Free Report) last issued its earnings results on Friday, October 31st. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.19. Erste Group Bank had a net margin of 17.36% and a return on equity of 9.85%. The firm had revenue of $3.38 billion for the quarter, compared to analysts' expectations of $3.30 billion. Analysts forecast that Erste Group Bank will post 4.05 EPS for the current year.
About Erste Group Bank
(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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