Erste Group Bank (OTCMKTS:EBKDY) Raised to “Hold” at Keefe, Bruyette & Woods

Erste Group Bank (OTCMKTS:EBKDY) was upgraded by equities research analysts at Keefe, Bruyette & Woods from a “moderate sell” rating to a “hold” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

Erste Group Bank Stock Up 0.7 %

Shares of OTCMKTS:EBKDY opened at $27.28 on Friday. The company has a market cap of $22.96 billion, a P/E ratio of 6.75, a P/E/G ratio of 0.83 and a beta of 1.32. Erste Group Bank has a 52 week low of $19.47 and a 52 week high of $29.34. The business has a fifty day simple moving average of $27.23 and a 200-day simple moving average of $25.96.

Erste Group Bank (OTCMKTS:EBKDY) last posted its quarterly earnings results on Thursday, October 31st. The financial services provider reported $1.18 earnings per share (EPS) for the quarter. Erste Group Bank had a return on equity of 11.11% and a net margin of 15.21%. The firm had revenue of $3.02 billion during the quarter. Sell-side analysts expect that Erste Group Bank will post 4.27 earnings per share for the current fiscal year.

Erste Group Bank Company Profile

Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products.