UBS Group Downgrades Erste Group Bank (OTCMKTS:EBKDY) to Hold

Erste Group Bank (OTCMKTS:EBKDY) was downgraded by stock analysts at UBS Group from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

A number of other analysts also recently issued reports on EBKDY. The Goldman Sachs Group upgraded Erste Group Bank from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 11th. Keefe, Bruyette & Woods upgraded Erste Group Bank from a “moderate sell” rating to a “hold” rating in a report on Friday, November 22nd.

Erste Group Bank Trading Up 6.9 %

EBKDY opened at $35.71 on Tuesday. The firm’s 50 day simple moving average is $32.42 and its two-hundred day simple moving average is $29.28. The company has a market capitalization of $29.32 billion, a PE ratio of 8.84, a PEG ratio of 1.08 and a beta of 1.25. Erste Group Bank has a 1-year low of $20.35 and a 1-year high of $36.84.

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.