Erste Group Bank (OTCMKTS:EBKDY) Upgraded at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods upgraded shares of Erste Group Bank (OTCMKTS:EBKDY) from a moderate sell rating to a hold rating in a research report sent to investors on Friday,Zacks.com reports.

Erste Group Bank Trading Up 0.7 %

Shares of EBKDY opened at $27.28 on Friday. The firm’s fifty day simple moving average is $27.23 and its two-hundred day simple moving average is $25.96. Erste Group Bank has a 12 month low of $19.47 and a 12 month high of $29.34. The stock has a market capitalization of $22.96 billion, a P/E ratio of 6.75, a price-to-earnings-growth ratio of 0.83 and a beta of 1.32.

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 company had revenue of $3.02 billion for the quarter. Erste Group Bank had a return on equity of 11.11% and a net margin of 15.21%. As a group, research analysts predict that Erste Group Bank will post 4.27 EPS 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.