Erste Group Bank AG (OTCMKTS:EBKDY – Get Rating) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $15.83 and traded as high as $17.77. Erste Group Bank shares last traded at $17.72, with a volume of 44,429 shares.
Analysts Set New Price Targets
EBKDY has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft upped their target price on shares of Erste Group Bank from €38.00 ($41.30) to €39.00 ($42.39) and gave the stock a “buy” rating in a research report on Monday, November 7th. JPMorgan Chase & Co. upped their price target on shares of Erste Group Bank from €34.00 ($36.96) to €37.00 ($40.22) in a report on Friday, November 11th. Barclays reduced their price objective on shares of Erste Group Bank from €33.00 ($35.87) to €32.00 ($34.78) and set an “equal weight” rating on the stock in a research note on Tuesday, November 1st. Finally, Keefe, Bruyette & Woods downgraded shares of Erste Group Bank from a “market perform” rating to an “underperform” rating in a research note on Tuesday, December 13th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Erste Group Bank has a consensus rating of “Hold” and a consensus price target of $38.67.
Erste Group Bank Price Performance
The firm’s 50-day moving average price is $15.83 and its 200-day moving average price is $13.43. The company has a market cap of $15.23 billion, a price-to-earnings ratio of 7.57, a price-to-earnings-growth ratio of 1.06 and a beta of 1.34.
Erste Group Bank Company Profile
Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, real estate, and public sector customers in Austria, Central and Eastern Europe, and internationally. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments.
- Get a free copy of the StockNews.com research report on Erste Group Bank (EBKDY)
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