Raiffeisen Bank International (OTCMKTS:RAIFY) Upgraded at UBS Group

UBS Group upgraded shares of Raiffeisen Bank International (OTCMKTS:RAIFY) from a hold rating to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

Raiffeisen Bank International Stock Down 5.4%

OTCMKTS RAIFY opened at $12.19 on Tuesday. The firm has a market cap of $16.04 billion, a P/E ratio of 17.17 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 business’s 50-day moving average price is $11.24 and its 200 day moving average price is $9.52.

Raiffeisen Bank International Company Profile

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.