European bank stocks, including Bawag Holding from Austria, are experiencing a rise in popularity. Bawag's stock has been steadily increasing for over a year and is currently approaching the upper limit of its trading range at EUR 74.40.

Analysts are closely monitoring the situation, expecting a new entry signal due to a rising 50-day exponential moving average and the stock price being above this indicator. Bawag's stock is being evaluated by twelve analysts, with eleven of them recommending a buy. The average price target is EUR 88.09, suggesting a potential upside of approximately 20% from the current price. This positive outlook indicates that institutional investors may soon show renewed interest in the stock, further boosting its popularity in the market.