Raiffeisen Bank International (OTCMKTS:RAIFY) Sets New 1-Year High – Here’s What Happened

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFYGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as $14.90 and last traded at $14.86, with a volume of 1970 shares trading hands. The stock had previously closed at $13.8520.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Raiffeisen Bank International has a consensus rating of “Buy”.

Read Our Latest Research Report on Raiffeisen Bank International

Raiffeisen Bank International Price Performance

The stock has a market capitalization of $19.51 billion, a price-to-earnings ratio of 15.98 and a beta of 1.25. The firm has a fifty day moving average of $12.00 and a 200 day moving average of $11.29.

Raiffeisen Bank International (OTCMKTS:RAIFYGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $0.39 EPS for the quarter. Raiffeisen Bank International had a return on equity of 5.23% and a net margin of 9.35%.The company had revenue of $2.59 billion for the quarter.

About Raiffeisen Bank International

(Get Free Report)

Raiffeisen Bank International AG (RBI) is an Austrian banking group headquartered in Vienna, offering a diverse range of financial services. As a universal bank, RBI serves retail customers, small and medium-sized enterprises, and large corporates, with a particular focus on Central and Eastern Europe. The bank’s service portfolio encompasses everyday banking products, payment solutions, and digital services for individual clients, as well as cash management, trade finance, and structured lending for corporate and institutional customers.

In addition to traditional banking, RBI provides investment banking and capital markets services, including underwriting, debt and equity issuance, and advisory services.

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