Raiffeisen Bank International (OTCMKTS:RAIFY) Sets New 52-Week High – Should You Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $14.35 and last traded at $14.35, with a volume of 2744 shares trading hands. The stock had previously closed at $12.90.

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 issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Raiffeisen Bank International presently has an average rating of “Buy”.

Raiffeisen Bank International Stock Up 1.1%

The business has a 50 day moving average of $11.74 and a 200 day moving average of $10.68. The company has a market capitalization of $17.91 billion, a P/E ratio of 12.60 and a beta of 1.14.

Raiffeisen Bank International (OTCMKTS:RAIFY) last announced its quarterly earnings results on Monday, March 2nd. The financial services provider reported $0.37 EPS for the quarter. Raiffeisen Bank International had a return on equity of 6.12% and a net margin of 10.91%.The company 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.