Raiffeisen Bank International (OTCMKTS:RAIFF) Stock Price Up 14.3% – Should You Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFF) shot up 14.3% during trading on Friday . The stock traded as high as $52.50 and last traded at $52.50. 2,880 shares were traded during mid-day trading, an increase of 255% from the average session volume of 811 shares. The stock had previously closed at $45.95.

Wall Street Analyst Weigh In

Several research firms recently commented on RAIFF. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Raiffeisen Bank International in a research note on Monday, January 26th. Citigroup reissued a “neutral” rating on shares of Raiffeisen Bank International in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Raiffeisen Bank International presently has an average rating of “Hold”.

Raiffeisen Bank International Stock Up 14.3%

The company has a fifty day simple moving average of $45.97 and a 200-day simple moving average of $42.22.

About Raiffeisen Bank International

Raiffeisen Bank International (OTCMKTS:RAIFF) is an Austrian banking group headquartered in Vienna, serving as the central and eastern European platform of the Raiffeisen Banking Group. The bank offers a comprehensive suite of financial services to retail, corporate and institutional clients, leveraging its strong regional presence to facilitate trade, investment and day-to-day banking needs.

In its corporate and investment banking division, Raiffeisen Bank International provides lending, trade finance, project financing, cash management and capital markets services.