Erste Group Bank Analyst Consensus Surges to $122.69 Per Share

Analysts covering Erste Group Bank (OTCPK:EBKOF) have significantly revised their outlook on the Austrian banking giant, with the average one-year price target climbing to $122.69 per share. This marks a substantial upward adjustment of 12.63% from the previous consensus estimate of $108.93 established in December 2025. The latest analyst projections range across a wide spectrum, from a conservative low of $95.88 to an ambitious high of $165.92 per share, reflecting divergent views on the bank’s growth trajectory. When measured against the most recent closing price of $47.10 per share, the average analyst target implies an extraordinary potential appreciation of 160.49%, suggesting significant undervaluation in current market pricing.

Institutional Appetite Shifts Amid Analyst Upgrade

The fund sentiment surrounding EBKOF reveals a more cautious positioning by major market participants. Currently, 312 funds and institutions maintain reported positions in Erste Group Bank, though this represents a notable contraction of 89 institutional holders—or 22.19%—during the preceding quarter. Despite the reduction in the number of institutional owners, those remaining have intensified their exposure: the average portfolio allocation weight dedicated to EBKOF across all funds increased by 5.28% to reach 0.43%. However, the aggregate share count held by institutional investors declined by 20.90% quarter-over-quarter to 51,644,000 shares, indicating a selective retrenchment strategy where fewer players are taking larger stakes.

Major Fund Repositioning: Winners and Losers

The institutional landscape shows mixed signals regarding EBKOF’s near-term prospects. Among prominent shareholders, performance diverges significantly. Vanguard Total International Stock Index Fund Investor Shares (VGTSX) maintains a 1.05% ownership stake through 4,072,000 shares—down 7.25% from its prior quarter position—yet paradoxically strengthened its portfolio weight allocation by 17.04%, suggesting a tactical pivot within its broader holdings. EUROPACIFIC GROWTH FUND (AEPGX) presents a contrasting narrative, reducing its 3,467,000-share position by 36.56% from the previous filing while simultaneously cutting its EBKOF allocation weight by 17.34%.

Conversely, International Fund I R-3 (PRPPX) moved decisively to expand its footprint, growing holdings from 2,441,000 to 2,716,000 shares—a 10.13% gain—and amplifying portfolio dedication by 23.67%. Vanguard Developed Markets Index Fund Admiral Shares (VTMGX) adopted a more measured approach, trimming shares by 6.91% to 2,530,000 but raising allocation intensity by 1.64%. International Strategic Equities Portfolio SCB Class (STESX) strengthened its commitment by building positions from 2,267,000 to 2,415,000 shares (+6.15%) while pushing allocation weight higher by 17.15%.

What Drives the $122.69 Consensus Target?

The upgraded analyst consensus to $122.69 reflects a recalibration of EBKOF’s intrinsic value against evolving macroeconomic conditions and bank-specific catalysts. With institutional investors displaying selective conviction—evidenced by concentrated ownership despite declining headcount—the market appears to be pricing in stabilization or recovery scenarios for European banking assets. The wide dispersion between analyst high and low targets ($95.88 to $165.92) underscores ongoing uncertainty about execution, regulatory environment, and deposit dynamics in Central Europe’s banking sector.