Raiffeisen Bank International (OTCMKTS:RAIFY) Upgraded at UBS Group

Raiffeisen Bank International (OTCMKTS:RAIFY) was upgraded by investment analysts at UBS Group from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Raiffeisen Bank International Trading Down 0.9%

RAIFY stock opened at $12.89 on Tuesday. The firm has a market cap of $16.96 billion, a PE ratio of 18.15 and a beta of 1.10. Raiffeisen Bank International has a 1 year low of $4.86 and a 1 year high of $13.41. The company has a fifty day simple moving average of $11.20 and a 200 day simple moving average of $9.50.

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.