This analysis deals with the Erste Bank share, which is included in the “#Diversified Banks” segment. The share will be listed on January 1st, 2021, 05:39 a.m. on its home stock exchange in Vienna at EUR 24.94.
Our team of analysts carried out an analysis of the market for Erste Bank on the basis of this assessment. A total of 7 factors lead to the individual assessments as “ Buy”, “ Hold” or “ Sell”. In the last step, an overall assessment is determined from this.
1. Investors: The discussions about Erste Bank on social media platforms send a clear signal about the assessments and sentiments surrounding the stock. At the moment, the comments and opinions in the past two weeks are generally positive opinions. In the past few days, mostly neutral topics relating to value have been addressed. Our editorial team has thus come to the conclusion that the company should be classified as a “ Buy”. Finally, seven trading signals can also be determined at this level in the past period. The picture shows 5 buy and 2 sell signals. This result ultimately leads to a classification as a “ Buy” share. In summary, the editors are of the opinion that the Erste Bank share is appropriately valued at “ Buy” based on investor sentiment.
2. Technical analysis: Erste Bank’s moving average rate now amounts to EUR 20.5. The share itself reached a price of EUR 24.94. The distance to the GD200 is thus +22.83 percent and leads to the “ Buy” rating. In contrast, the GD50 currently has a value of EUR 22.69 for the past 50 days. From this point of view, the share is a “buy” with a margin of +10.97 percent. With this we give the overall rating “ Buy”.
3. Fundamental: The price-earnings ratio (P / E) is currently 13.01. This means that the exchange pays 13.01 euros for every euro of Erste Bank’s profit. This is 9 percent more than would be paid for comparable values in the industry. In the “commercial banks” area, the average value is currently 11.97. For this reason, the stock is overvalued and is therefore classified as a “sell” based on the P / E ratio.
How will Erste Bank develop further after the corona crisis? Is your money safe in this stock? The answers to these questions and why you need to act now can be found in the latest analysis of the Erste Bank share.