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

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

Raiffeisen Bank International Price Performance

Shares of Raiffeisen Bank International stock 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’s 50-day moving average is $5.25 and its 200 day moving average is $4.90. The stock has a market cap of $8.34 billion, a price-to-earnings ratio of 3.41 and a beta of 1.52.

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.