Erste Group Bank (OTCMKTS:EBKDY) Stock Rating Lowered by UBS Group

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

Other equities analysts have also issued reports about the stock. Keefe, Bruyette & Woods upgraded shares of Erste Group Bank from a “moderate sell” rating to a “hold” rating in a research report on Friday, November 22nd. The Goldman Sachs Group raised shares of Erste Group Bank from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 11th.

Erste Group Bank Stock Performance

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

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.