Raiffeisen Bank International (OTCMKTS:RAIFY) Trading Up 6.1% – Time to Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY)’s stock price rose 6.1% on Thursday . The company traded as high as $11.59 and last traded at $11.59. Approximately 1,855 shares changed hands during trading, a decline of 84% from the average daily volume of 11,617 shares. The stock had previously closed at $10.92.

Analysts Set New Price Targets

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

Raiffeisen Bank International Stock Down 2.5%

The stock has a 50-day moving average price of $11.82 and a 200 day moving average price of $10.40. The firm has a market capitalization of $14.01 billion, a price-to-earnings ratio of 9.86 and a beta of 1.10.

Raiffeisen Bank International (OTCMKTS:RAIFY) last issued its earnings results on Monday, March 2nd. The financial services provider reported $0.37 earnings per share for the quarter. Raiffeisen Bank International had a net margin of 10.91% and a return on equity of 6.19%. The firm had revenue of $2.63 billion for the quarter.

Raiffeisen Bank International Company Profile

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.