Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Up – Should You Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY) shares gapped up prior to trading on Thursday . The stock had previously closed at $11.40, but opened at $12.32. Raiffeisen Bank International shares last traded at $11.29, with a volume of 41,871 shares changing hands.

Analyst Upgrades and Downgrades

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

Raiffeisen Bank International Stock Performance

The company’s 50-day simple moving average is $11.87 and its 200 day simple moving average is $10.16. The company has a market cap of $14.57 billion, a PE ratio of 10.25 and a beta of 1.10.

Raiffeisen Bank International (OTCMKTS:RAIFY) last released its earnings results on Monday, March 2nd. The financial services provider reported $0.37 EPS for the quarter. The firm had revenue of $2.63 billion during 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

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.