Erste Group Bank AG (OTCMKTS:EBKDY – Get Free Report) shares reached a new 52-week high on Friday . The stock traded as high as $71.43 and last traded at $71.43, with a volume of 20549 shares traded. The stock had previously closed at $69.98.
Analyst Ratings Changes
EBKDY has been the subject of a number of research reports. The Goldman Sachs Group raised shares of Erste Group Bank to a “strong-buy” rating in a report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Erste Group Bank in a research note on Monday, July 20th. Zacks Research raised Erste Group Bank from a “strong sell” rating to a “hold” rating in a research note on Friday, August 7th. Citigroup reissued a “buy” rating on shares of Erste Group Bank in a research report on Wednesday, July 29th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Erste Group Bank in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy”.
View Our Latest Report on EBKDY
Erste Group Bank Trading Up 2.4%
Erste Group Bank (OTCMKTS:EBKDY – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.01. The company had revenue of $4.62 billion for the quarter, compared to analyst estimates of $4.48 billion. Erste Group Bank had a net margin of 18.39% and a return on equity of 11.32%. As a group, research analysts anticipate that Erste Group Bank AG will post 5.91 earnings per share for the current fiscal year.
About Erste Group Bank
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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