Raiffeisen Bank International (OTCMKTS:RAIFY) Sets New 12-Month High – Time to Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $13.64 and last traded at $12.83, with a volume of 4632 shares traded. The stock had previously closed at $12.44.

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 report 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. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

Raiffeisen Bank International Stock Up 1.1%

The stock has a market cap of $17.28 billion, a PE ratio of 18.49 and a beta of 1.10. The stock’s fifty day moving average price is $11.44 and its 200 day moving average price is $9.70.

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.