Erste Group (EBKDY) Downgraded by ValuEngine to Hold

ValuEngine downgraded shares of Erste Group (OTCMKTS:EBKDY) from a buy rating to a hold rating in a research note published on Thursday morning.

Separately, Zacks Investment Research upgraded shares of Erste Group from a hold rating to a buy rating and set a $27.00 price objective for the company in a research report on Monday, January 22nd.

Erste Group traded down $0.02, hitting $22.39, during trading on Thursday, according to MarketBeat.com. 1,960 shares of the company’s stock were exchanged, compared to its average volume of 43,011. Erste Group has a fifty-two week low of $17.47 and a fifty-two week high of $26.37. The company has a market cap of $19.44 billion, a price-to-earnings ratio of 16.39, a PEG ratio of 1.26 and a beta of 1.14.

About Erste Group

Erste Group Bank AG provides a range of banking and other financial services to the retail and corporate customers in Austria, Central and Eastern Europe, and internationally. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management and Local Corporate Center, Savings Banks, Group Corporate Center, and Intragroup Elimination segments.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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