Raiffeisen Bank International (OTCMKTS:RAIFF) Shares Down 3.3% – Should You Sell?

Raiffeisen Bank International AG (OTCMKTS:RAIFF)’s stock price was down 3.3% on Wednesday . The stock traded as low as $41.55 and last traded at $41.55. Approximately 145 shares traded hands during trading, an increase of 18% from the average daily volume of 123 shares. The stock had previously closed at $42.95.

Wall Street Analysts Forecast Growth

Separately, Citigroup reiterated a “neutral” rating on shares of Raiffeisen Bank International in a research note on Tuesday, January 6th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Raiffeisen Bank International Price Performance

The firm has a 50-day moving average of $39.26 and a 200-day moving average of $34.78.

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.