Erste Group stock soars 65% as BlackRock and Barclays back its growth
Erste Group Stock: Double Tailwind
The world's largest asset manager, BlackRock, significantly increases its stake, while Barclays upgrades the rating. The stock is trading near its yearly high.
2025-12-07T08:00:26+00:00
trading, finance, investing, business, stock-market
Erste Group’s stock has surged this year, rising by nearly 65% since January. The financial firm has also caught the attention of major investors, with BlackRock increasing its stake to over 5% of voting rights. Now, Barclays has upgraded its rating on the shares to 'Overweight', pointing to strong growth prospects in Central and Eastern Europe (CEE).
The upward trend in Erste Group’s stock has been steady. Over the past 12 months, its value has jumped by 76.21%, with a notable 64.86% gain in 2024 alone. Even after a recent dip, the share price remains close to its yearly peak, trading around €95.75—nearly 24% above its 200-day moving average.
Erste Group continues to attract investor interest, backed by solid gains and positive analyst outlooks. With BlackRock’s increased stake and Barclays’ upgraded rating, the stock’s trajectory remains closely watched. The current price still sits below the average target, leaving potential for further rises.
