Raiffeisen Bank International (OTCMKTS:RAIFY) Reaches New 52-Week High – Here’s What Happened

by · The Markets Daily

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY – Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $11.3040 and last traded at $11.26, with a volume of 1608 shares traded. The stock had previously closed at $10.46.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Report on RAIFY

Raiffeisen Bank International Stock Performance

The company has a market cap of $14.51 billion, a price-to-earnings ratio of 15.53 and a beta of 1.10. The firm’s 50-day moving average price is $9.27 and its 200 day moving average price is $8.40.

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

Raiffeisen Bank International Company Profile

(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.

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