Erste Group Bank (OTCMKTS:EBKDY) Upgraded 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 note issued to investors on Friday,Zacks.com reports.

Erste Group Bank Trading Up 0.7 %

Shares of EBKDY stock opened at $27.28 on Friday. The firm has a fifty day simple moving average of $27.23 and a 200-day simple moving average of $25.96. The company has a market capitalization of $22.96 billion, a PE ratio of 6.75, a price-to-earnings-growth ratio of 0.83 and a beta of 1.32. Erste Group Bank has a twelve month low of $19.47 and a twelve month high of $29.34.

Erste Group Bank (OTCMKTS:EBKDY) last issued its quarterly earnings data on Thursday, October 31st. The financial services provider reported $1.18 EPS for the quarter. The firm had revenue of $3.02 billion for the quarter. Erste Group Bank had a net margin of 15.21% and a return on equity of 11.11%. Equities research analysts predict that Erste Group Bank will post 4.27 EPS for the current year.

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.