Raiffeisen Bank International (OTCMKTS:RAIFY) Sets New 12-Month High – What’s Next?

Raiffeisen Bank International AG (OTCMKTS:RAIFY)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $6.85 and last traded at $6.80, with a volume of 1524 shares. The stock had previously closed at $6.60.

Analysts Set New Price Targets

Separately, Barclays upgraded shares of Raiffeisen Bank International to a “strong-buy” rating in a research report on Monday, February 10th.

Raiffeisen Bank International Stock Performance

The company has a market capitalization of $8.95 billion, a PE ratio of 3.66 and a beta of 1.52. The stock’s fifty day simple moving average is $5.51 and its 200-day simple moving average is $5.01.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, private customers, and institutional customers. The company offers cash management, cross border accounts, electronic banking, payments solutions, sustainable and subsidized financing, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, factoring, trade and export financing, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, automotive, construction and building materials, food and beverage, healthcare and pharmaceuticals, oil and gas, packaging, real estate, retail, technology, telecom, and utilities industries.