Erste Group Bank (OTCMKTS:EBKDY) Cut to “Hold” at UBS Group

Erste Group Bank (OTCMKTS:EBKDY) was downgraded by UBS Group from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

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

Erste Group Bank Stock Performance

Shares of EBKDY stock opened at $35.71 on Tuesday. Erste Group Bank has a one year low of $20.35 and a one year high of $36.84. The firm has a market capitalization of $29.32 billion, a price-to-earnings ratio of 8.84, a price-to-earnings-growth ratio of 1.08 and a beta of 1.25. The company has a 50 day moving average price of $32.42 and a 200 day moving average price of $29.28.

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.