Raiffeisen Bank International (OTCMKTS:RAIFY) Upgraded by Barclays to “Strong-Buy” Rating

Raiffeisen Bank International (OTCMKTS:RAIFY) was upgraded by equities research analysts at Barclays to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Raiffeisen Bank International Price Performance

Shares of OTCMKTS RAIFY opened at $6.34 on Monday. Raiffeisen Bank International has a 1 year low of $3.93 and a 1 year high of $6.48. The firm has a market cap of $8.34 billion, a PE ratio of 3.41 and a beta of 1.52. The company has a 50 day simple moving average of $5.25 and a 200 day simple moving average of $4.90.

About Raiffeisen Bank International

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.