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

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY) reached a new 52-week high on Tuesday . The company traded as high as $11.64 and last traded at $11.64, with a volume of 3120 shares trading hands. The stock had previously closed at $11.0250.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered Raiffeisen Bank International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 30th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Raiffeisen Bank International Stock Up 6.0%

The firm has a market cap of $15.38 billion, a price-to-earnings ratio of 16.46 and a beta of 1.10. The business’s fifty day moving average is $9.45 and its two-hundred day moving average is $8.49.

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

Raiffeisen Bank International Company Profile

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.