Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Down – Here’s What Happened

Raiffeisen Bank International AG (OTCMKTS:RAIFYGet Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $10.76, but opened at $10.26. Raiffeisen Bank International shares last traded at $10.20, with a volume of 1,656 shares trading hands.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Analysis on Raiffeisen Bank International

Raiffeisen Bank International Stock Performance

The company has a market cap of $14.96 billion, a P/E ratio of 10.53 and a beta of 1.10. The firm’s fifty day moving average is $11.81 and its two-hundred day moving average is $10.47.

Raiffeisen Bank International (OTCMKTS:RAIFYGet Free Report) last posted its quarterly earnings results on Monday, March 2nd. The financial services provider reported $0.37 EPS for the quarter. The business had revenue of $2.63 billion for the quarter. Raiffeisen Bank International had a return on equity of 6.19% and a net margin of 10.91%.

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.

Further Reading

Receive News & Ratings for Raiffeisen Bank International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Raiffeisen Bank International and related companies with MarketBeat.com's FREE daily email newsletter.