Raiffeisen Bank International (OTCMKTS:RAIFF) Trading 2% Higher – Here’s Why

Raiffeisen Bank International AG (OTCMKTS:RAIFFGet Free Report)’s share price was up 2% during trading on Thursday . The stock traded as high as $63.85 and last traded at $63.85. 100 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 592 shares. The stock had previously closed at $62.60.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Raiffeisen Bank International in a research note on Thursday. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Get Our Latest Analysis on RAIFF

Raiffeisen Bank International Price Performance

The business’s 50-day simple moving average is $58.06 and its two-hundred day simple moving average is $50.02.

About Raiffeisen Bank International

(Get Free Report)

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.

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