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

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFYGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $11.64 and last traded at $11.64, with a volume of 3120 shares trading hands. The stock had previously closed at $11.0250.

Wall Street Analyst Weigh In

Separately, Barclays lowered Raiffeisen Bank International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 30th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Get Our Latest Stock Report on RAIFY

Raiffeisen Bank International Trading Down 6.2%

The stock has a market cap of $14.47 billion, a PE ratio of 15.49 and a beta of 1.10. The business has a 50-day moving average price of $9.56 and a 200 day moving average price of $8.54.

Raiffeisen Bank International (OTCMKTS:RAIFYGet Free Report) last announced its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.67 earnings per share for the quarter. The company had revenue of $2.63 billion during the quarter. Raiffeisen Bank International had a positive return on equity of 3.09% and a negative net margin of 0.14%.

About Raiffeisen Bank International

(Get Free Report)

Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, private customers, and institutional customers. The company offers cash management, cross border accounts, electronic banking, payments solutions, sustainable and subsidized financing, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, factoring, trade and export financing, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, automotive, construction and building materials, food and beverage, healthcare and pharmaceuticals, oil and gas, packaging, real estate, retail, technology, telecom, and utilities industries.

Further Reading

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