Raiffeisen Bank International (OTCMKTS:RAIFY) Hits New 1-Year High – Still a Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFYGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $14.90 and last traded at $14.86, with a volume of 1970 shares changing hands. The stock had previously closed at $13.8520.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy”.

View Our Latest Analysis on Raiffeisen Bank International

Raiffeisen Bank International Stock Performance

The firm has a market capitalization of $17.79 billion, a price-to-earnings ratio of 14.57 and a beta of 1.25. The stock’s fifty day moving average is $12.14 and its two-hundred day moving average is $11.40.

Raiffeisen Bank International (OTCMKTS:RAIFYGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $0.39 earnings per share for the quarter. The company had revenue of $2.59 billion during the quarter. Raiffeisen Bank International had a net margin of 9.35% and a return on equity of 5.23%.

Raiffeisen Bank International Company Profile

(Get Free Report)

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.

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