Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Up – Still a Buy?

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY) gapped up prior to trading on Friday . The stock had previously closed at $12.7880, but opened at $13.76. Raiffeisen Bank International shares last traded at $13.76, with a volume of 1,666 shares trading hands.

Analysts Set New Price Targets

Separately, UBS Group raised Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a research note 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. According to MarketBeat.com, Raiffeisen Bank International presently has a consensus rating of “Buy”.

Raiffeisen Bank International Stock Performance

The company has a 50-day simple moving average of $11.82 and a 200-day simple moving average of $10.91. The stock has a market cap of $18.07 billion, a P/E ratio of 12.74 and a beta of 1.14.

Raiffeisen Bank International (OTCMKTS:RAIFY) last issued its quarterly earnings data on Monday, March 2nd. The financial services provider reported $0.37 earnings per share (EPS) for the quarter. Raiffeisen Bank International had a return on equity of 6.12% and a net margin of 10.91%.The firm had revenue of $2.63 billion during the quarter.

About Raiffeisen Bank International

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.