Erste Group Bank (OTCMKTS:EBKDY) Hits New 12-Month High – What’s Next?

Shares of Erste Group Bank AG (OTCMKTS:EBKDY) reached a new 52-week high during trading on Tuesday . The company traded as high as $31.08 and last traded at $30.55, with a volume of 23481 shares. The stock had previously closed at $30.95.

Analyst Ratings Changes

EBKDY has been the topic of several recent research reports. Keefe, Bruyette & Woods raised Erste Group Bank from a “moderate sell” rating to a “hold” rating in a research report on Friday, November 22nd. The Goldman Sachs Group upgraded Erste Group Bank from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 11th.

Erste Group Bank Stock Up 1.3 %

The company has a 50 day moving average of $27.91 and a two-hundred day moving average of $26.41. The firm has a market cap of $25.66 billion, a P/E ratio of 7.54, a PEG ratio of 0.89 and a beta of 1.29.

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