Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Up – Here’s What Happened
by Amy Steele · The Cerbat GemRaiffeisen Bank International AG (OTCMKTS:RAIFY – Get Free Report)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $11.7924, but opened at $12.45. Raiffeisen Bank International shares last traded at $12.45, with a volume of 300 shares changing hands.
Analysts Set New Price Targets
Separately, UBS Group upgraded shares of Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy”.
View Our Latest Report on RAIFY
Raiffeisen Bank International Stock Performance
The company’s 50 day moving average price is $11.72 and its 200 day moving average price is $10.58. The company has a market cap of $16.38 billion, a price-to-earnings ratio of 11.53 and a beta of 1.14.
Raiffeisen Bank International (OTCMKTS:RAIFY – Get Free Report) last issued its earnings results on Monday, March 2nd. The financial services provider reported $0.37 EPS for the quarter. Raiffeisen Bank International had a net margin of 10.91% and a return on equity of 6.19%. The company 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.