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

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

Raiffeisen Bank International Price Performance

RAIFY stock opened at $6.34 on Monday. The company has a 50 day moving average price of $5.25 and a 200 day moving average price of $4.90. Raiffeisen Bank International has a fifty-two week low of $3.93 and a fifty-two week high of $6.48. The stock has a market capitalization of $8.34 billion, a PE ratio of 3.41 and a beta of 1.52.

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.