Raiffeisen Bank International (OTCMKTS:RAIFY) Sets New 52-Week High at $6.64

Raiffeisen Bank International AG (OTCMKTS:RAIFY)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $6.64 and last traded at $6.64, with a volume of 2609 shares. The stock had previously closed at $6.42.

Several equities research analysts have recently commented on the company. Barclays restated an “overweight” rating on shares of Raiffeisen Bank International in a research note on Tuesday, August 3rd. Morgan Stanley upgraded Raiffeisen Bank International from an “underweight” rating to an “equal weight” rating in a research note on Friday, September 3rd. Societe Generale restated a “buy” rating on shares of Raiffeisen Bank International in a research note on Wednesday, August 4th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Raiffeisen Bank International in a research note on Monday, August 2nd. Finally, UBS Group reiterated a “neutral” rating on shares of Raiffeisen Bank International in a research note on Thursday, August 5th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy”.

The firm has a market cap of $8.74 billion, a PE ratio of 7.29 and a beta of 1.84. The stock has a 50 day simple moving average of $6.00 and a 200-day simple moving average of $5.79.

Raiffeisen Bank International (OTCMKTS:RAIFY) last released its quarterly earnings data on Wednesday, July 28th. The financial services provider reported $0.34 EPS for the quarter. Raiffeisen Bank International had a net margin of 17.20% and a return on equity of 7.46%. The business had revenue of $1.66 billion during the quarter.

About Raiffeisen Bank International (OTCMKTS:RAIFY)

Raiffeisen Bank International AG engages in the provision of banking and financial solutions. The firm offers a range of products including financing, leasing, hedging, trade and export finance, cash management, payment and fund, as well as securities and cards services. It operates through the following segments: Central Europe, Southeastern Europe, Eastern Europe, Group Corporates & Markets, and Corporate Center.

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