UBS Group upgraded shares of Raiffeisen Bank International (OTCMKTS:RAIFY – Free Report) from a hold rating to a strong-buy rating in a research report report published on Tuesday,Zacks.com reports.
Raiffeisen Bank International Stock Performance
OTCMKTS:RAIFY opened at $12.89 on Tuesday. The company has a market capitalization of $16.96 billion, a P/E ratio of 18.15 and a beta of 1.10. Raiffeisen Bank International has a 52 week low of $4.86 and a 52 week high of $13.41. The stock’s 50 day moving average price is $11.20 and its 200 day moving average price is $9.50.
About Raiffeisen Bank International
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.
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