Raiffeisen Bank International (OTCMKTS:RAIFY) Shares Gap Up - Still a Buy?

Key Points

• Shares gapped up before the market opened, rising to $13.76 from a prior close of $12.788, with the last trade at $13.76 on a volume of 1,666 shares.
• UBS upgraded Raiffeisen Bank International from "hold" to "strong-buy" (Feb. 3); one analyst rates it Strong Buy and one rates it Hold, giving an average MarketBeat rating of "Buy".
• Key fundamentals: market cap $18.07B, PE 12.74, 50-day/200-day moving averages $11.82/$10.91 (both below current price), and latest quarter EPS $0.37 on $2.63B revenue with a 10.91% net margin.

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $12.7880, but opened at $13.76. Raiffeisen Bank International shares last traded at $13.76, with a volume of 1,666 shares trading hands.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded Raiffeisen Bank International from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Raiffeisen Bank International presently has an average rating of "Buy".

Raiffeisen Bank International Stock Performance

The stock has a 50 day moving average price of $11.82 and a two-hundred day moving average price of $10.91. The company has a market capitalization of $18.07 billion, a PE ratio of 12.74 and a beta of 1.14.

Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) last posted its quarterly earnings results on Monday, March 2nd. The financial services provider reported $0.37 earnings per share (EPS) for the quarter. Raiffeisen Bank International had a net margin of 10.91% and a return on equity of 6.12%. The firm had revenue of $2.63 billion during the quarter.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG (RBI) is an Austrian banking group headquartered in Vienna, offering a diverse range of financial services. As a universal bank, RBI serves retail customers, small and medium-sized enterprises, and large corporates, with a particular focus on Central and Eastern Europe. The bank's service portfolio encompasses everyday banking products, payment solutions, and digital services for individual clients, as well as cash management, trade finance, and structured lending for corporate and institutional customers.

In addition to traditional banking, RBI provides investment banking and capital markets services, including underwriting, debt and equity issuance, and advisory services.

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