Raiffeisen Bank International (OTCMKTS:RAIFY) Reaches New 12-Month High – Still a Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFYGet Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $7.25 and last traded at $7.18, with a volume of 770920 shares. The stock had previously closed at $6.92.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded Raiffeisen Bank International to a “strong-buy” rating in a research report on Monday, February 10th.

Read Our Latest Stock Report on Raiffeisen Bank International

Raiffeisen Bank International Price Performance

The stock has a market capitalization of $9.36 billion, a P/E ratio of 3.82 and a beta of 1.49. The stock has a 50 day moving average price of $6.13 and a 200-day moving average price of $5.28.

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.

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