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

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

Raiffeisen Bank International Stock Up 13.2 %

Shares of Raiffeisen Bank International stock opened at $6.34 on Monday. The business has a fifty day simple moving average of $5.25 and a 200 day simple moving average of $4.90. The stock has a market cap of $8.34 billion, a PE ratio of 3.41 and a beta of 1.52. Raiffeisen Bank International has a 12 month low of $3.93 and a 12 month high of $6.48.

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.