Raiffeisen Bank International (OTCMKTS:RAIFF) Shares Up 14.3% – Still a Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFF)’s stock price rose 14.3% on Friday . The company traded as high as $52.50 and last traded at $52.50. Approximately 2,880 shares traded hands during trading, an increase of 255% from the average daily volume of 811 shares. The stock had previously closed at $45.95.

Analysts Set New Price Targets

A number of brokerages have recently commented on RAIFF. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Raiffeisen Bank International in a report on Monday, January 26th. Citigroup reissued a “neutral” rating on shares of Raiffeisen Bank International in a report on Wednesday, February 4th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Raiffeisen Bank International Trading Up 14.3%

The company has a fifty day moving average of $45.97 and a two-hundred day moving average of $42.22.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International (OTCMKTS:RAIFF) is an Austrian banking group headquartered in Vienna, serving as the central and eastern European platform of the Raiffeisen Banking Group. The bank offers a comprehensive suite of financial services to retail, corporate and institutional clients, leveraging its strong regional presence to facilitate trade, investment and day-to-day banking needs.

In its corporate and investment banking division, Raiffeisen Bank International provides lending, trade finance, project financing, cash management and capital markets services.