Raiffeisen Bank International (OTCMKTS:RAIFY) Reaches New 1-Year High – Should You Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $7.25 and last traded at $6.94, with a volume of 3718 shares traded. The stock had previously closed at $6.73.

Analysts Set New Price Targets

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

Raiffeisen Bank International Trading Up 1.6 %

The company has a market cap of $9.28 billion, a price-to-earnings ratio of 3.79 and a beta of 1.49. The stock’s 50 day moving average price is $6.28 and its 200 day moving average price is $5.34.

Raiffeisen Bank International Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Tuesday, April 1st will be paid a dividend of $0.2983 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This is an increase from Raiffeisen Bank International’s previous dividend of $0.22. Raiffeisen Bank International’s dividend payout ratio (DPR) is currently 9.14%.

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.