Erste Group Bank (OTCMKTS:EBKDY) Reaches New 52-Week High at $27.58

Erste Group Bank AG (OTCMKTS:EBKDY)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $27.58 and last traded at $27.39, with a volume of 16531 shares trading hands. The stock had previously closed at $27.13.

Analysts Set New Price Targets

Separately, BNP Paribas raised Erste Group Bank to a “hold” rating in a report on Thursday, June 13th.

Erste Group Bank Stock Performance

The firm has a market capitalization of $23.05 billion, a price-to-earnings ratio of 6.92, a P/E/G ratio of 0.81 and a beta of 1.34. The company has a 50 day moving average price of $25.21 and a two-hundred day moving average price of $23.66.

Erste Group Bank (OTCMKTS:EBKDY) last posted its quarterly earnings data on Friday, August 2nd. The financial services provider reported $1.01 earnings per share for the quarter. The company had revenue of $2.86 billion during the quarter. Erste Group Bank had a net margin of 14.34% and a return on equity of 11.67%. On average, equities analysts expect that Erste Group Bank AG will post 3.88 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.