Erste Group Bank (OTCMKTS:EBKDY) Lowered to Hold Rating by UBS Group

UBS Group lowered shares of Erste Group Bank (OTCMKTS:EBKDY) from a strong-buy rating to a hold rating in a research report sent to investors on Tuesday,Zacks.com reports.

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

Erste Group Bank Price Performance

Shares of EBKDY stock opened at $35.71 on Tuesday. Erste Group Bank has a 1 year low of $20.35 and a 1 year high of $36.84. The stock’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 cap of $29.32 billion, a PE ratio of 8.84, a price-to-earnings-growth ratio of 1.08 and a beta of 1.25.

About Erste Group Bank

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.