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

Raiffeisen Bank International AG (OTCMKTS:RAIFY) gapped up prior to trading on Friday . The stock had previously closed at $10.22, but opened at $11.14. Raiffeisen Bank International shares last traded at $11.09, with a volume of 1,092 shares changing hands.

Analysts Set New Price Targets

Separately, Barclays cut Raiffeisen Bank International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 30th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Raiffeisen Bank International Trading Down 1.0%

The company has a 50 day moving average of $9.16 and a 200 day moving average of $8.33. The firm has a market cap of $13.32 billion, a price-to-earnings ratio of 14.25 and a beta of 1.10.

Raiffeisen Bank International (OTCMKTS:RAIFY) last announced its quarterly earnings results on Thursday, October 30th. The financial services provider reported $0.67 earnings per share (EPS) for the quarter. The company had revenue of $2.63 billion during the quarter. Raiffeisen Bank International had a positive return on equity of 3.09% and a negative net margin of 0.14%.

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.