Barclays assumed coverage on shares of Raiffeisen Bank International (OTCMKTS:RAIFY) in a report issued on Monday, The Fly reports. The firm issued an overweight rating on the financial services provider’s stock.
Other analysts have also recently issued research reports about the company. JPMorgan Chase & Co. raised Raiffeisen Bank International from a neutral rating to an overweight rating in a report on Tuesday, June 1st. Morgan Stanley reissued an underweight rating on shares of Raiffeisen Bank International in a report on Tuesday, May 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a hold rating on shares of Raiffeisen Bank International in a report on Friday, March 19th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. Raiffeisen Bank International has an average rating of Hold.
Raiffeisen Bank International stock traded down $0.02 during trading on Monday, hitting $5.82. 629 shares of the company were exchanged, compared to its average volume of 917. The firm has a 50 day simple moving average of $5.79. Raiffeisen Bank International has a 52 week low of $3.50 and a 52 week high of $6.40.
The firm also recently announced an annual dividend, which was paid on Monday, May 17th. Shareholders of record on Thursday, April 29th were paid a $0.092 dividend. The ex-dividend date of this dividend was Wednesday, April 28th. This represents a yield of 1.68%.
About Raiffeisen Bank International
Raiffeisen Bank International AG, together with its subsidiaries, provides corporate, retail, and investment banking services. The company offers cross border accounts; and cash management services, such as account, reporting, payment, clearing, settlement, and cash pooling services; electronic banking; and SEPA and cross-border payments to billing solutions.
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