Raiffeisen Bank International (OTCMKTS:RAIFY) Sets New 1-Year High – Should You Buy?

Raiffeisen Bank International AG (OTCMKTS:RAIFY) shares reached a new 52-week high on Monday . The company traded as high as $7.25 and last traded at $6.94, with a volume of 3718 shares traded. The stock had previously closed at $6.73.

Analyst Ratings Changes

Separately, Barclays upgraded shares of Raiffeisen Bank International to a “strong-buy” rating in a research note on Monday, February 10th.

Raiffeisen Bank International Price Performance

The stock has a market cap of $9.13 billion, a P/E ratio of 3.73 and a beta of 1.49. The business’s fifty day moving average price is $6.20 and its 200 day moving average price is $5.31.

Raiffeisen Bank International Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 17th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.2983 per share. This is a boost from Raiffeisen Bank International’s previous dividend of $0.22. The ex-dividend date is Tuesday, April 1st. Raiffeisen Bank International’s payout ratio is 10.75%.

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.