Erste Group Bank AG (OTCMKTS:EBKDY – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $68.0190 and last traded at $68.01, with a volume of 15803 shares changing hands. The stock had previously closed at $67.42.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on EBKDY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Erste Group Bank in a research report on Friday, April 17th. Morgan Stanley restated an “overweight” rating on shares of Erste Group Bank in a research note on Wednesday, June 10th. Finally, Zacks Research lowered Erste Group Bank from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Erste Group Bank currently has a consensus rating of “Moderate Buy”.
Read Our Latest Research Report on Erste Group Bank
Erste Group Bank Stock Up 0.7%
Erste Group Bank (OTCMKTS:EBKDY – Get Free Report) last posted its earnings results on Thursday, April 30th. The financial services provider reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.31 by ($0.05). Erste Group Bank had a return on equity of 10.96% and a net margin of 19.27%.The firm had revenue of $4.60 billion for the quarter, compared to analysts’ expectations of $4.53 billion. Analysts predict that Erste Group Bank AG 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.
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