Erste Group Bank (OTCMKTS:EBKDY) Sets New 1-Year High – Here’s What Happened

Erste Group Bank AG (OTCMKTS:EBKDY) hit a new 52-week high on Thursday . The company traded as high as $31.19 and last traded at $30.96, with a volume of 26527 shares. The stock had previously closed at $30.94.

Wall Street Analysts Forecast Growth

EBKDY has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods upgraded Erste Group Bank from a “moderate sell” rating to a “hold” rating in a 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 Trading Up 0.0 %

The stock has a market capitalization of $26.06 billion, a P/E ratio of 7.66, a P/E/G ratio of 0.89 and a beta of 1.29. The stock’s 50-day moving average price is $28.27 and its two-hundred day moving average price is $26.63.

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