Raiffeisen Bank International (OTCMKTS:RAIFY) Downgraded to Hold Rating by Barclays

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

Raiffeisen Bank International Trading Up 0.1%

OTCMKTS RAIFY opened at $8.49 on Tuesday. The company has a market cap of $11.17 billion, a PE ratio of 4.56 and a beta of 1.36. The stock has a 50 day moving average of $8.34 and a 200-day moving average of $7.49. Raiffeisen Bank International has a 12 month low of $4.33 and a 12 month high of $9.30.

Raiffeisen Bank International (OTCMKTS:RAIFY) last released its quarterly earnings data on Wednesday, July 30th. The financial services provider reported ($0.50) earnings per share for the quarter. Raiffeisen Bank International had a positive return on equity of 2.89% and a negative net margin of 0.56%.The firm had revenue of $2.63 billion for the quarter.

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.