Erste Group Bank (OTCMKTS:EBKDY) Sets New 12-Month High – Should You Buy?

Erste Group Bank AG (OTCMKTS:EBKDYGet Free Report)’s share price reached 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 changing hands. The stock had previously closed at $30.94.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Keefe, Bruyette & Woods raised shares of 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.

View Our Latest Report on EBKDY

Erste Group Bank Price Performance

The business’s fifty day moving average price is $28.27 and its 200-day moving average price is $26.63. The stock has a market capitalization of $26.06 billion, a PE ratio of 7.66, a P/E/G ratio of 0.89 and a beta of 1.29.

Erste Group Bank (OTCMKTS:EBKDYGet Free Report) last posted its earnings results on Thursday, October 31st. The financial services provider reported $1.18 earnings per share (EPS) for the quarter. The business had revenue of $3.02 billion for the quarter. Erste Group Bank had a net margin of 15.21% and a return on equity of 11.11%. On average, analysts expect that Erste Group Bank AG will post 4.27 earnings per share for the current fiscal year.

Erste Group Bank Company Profile

(Get Free Report)

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.

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