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BRP (NASDAQ:DOOO) has been downgraded by Citigroup from "neutral" to "sell," with a new price target of $29.00, indicating a potential downside of 25.12% from its current price of $38.73. The stock has seen a 52-week range between $36.63 and $75.59, and institutional investors have recently increased their stakes in the company.
Raiffeisen shares, traded on the Vienna Stock Exchange, closed at EUR 17.77 a year ago. An investment of EUR 10,000 would now yield 562,746 shares valued at EUR 14,169.95, reflecting a 41.70% increase in value, with the company's total worth at EUR 8.45 billion.
Raiffeisen shares, traded on the Vienna Stock Exchange, closed at EUR 17.77 a year ago. An investment of EUR 10,000 would have yielded 562,746 shares, now valued at EUR 14,169.95, reflecting a 41.70% increase, with the company's market value at EUR 8.45 billion.
The Russian Raiffeisen subsidiary has provided loans to the Putin regime, despite EU sanctions urging companies to avoid such financial engagements. This subsidiary has made four transactions involving Russian government bonds, raising questions about compliance with the sanctions.
Rising wages and falling interest rates are making Styrian residential real estate more affordable, despite prices remaining higher than pre-pandemic levels. The average price for a single-family home in Styria is €3,218 per square meter, with demand increasing for energy-efficient properties. Population growth is driving price increases in Graz and surrounding areas, while rural regions may see new opportunities as demand shifts.
Raiffeisenlandesbank NÖ-Wien reported a consolidated net profit of EUR 397.2 million for 2024, down from EUR 807.8 million the previous year, largely due to Raiffeisen Bank International's reduced earnings. Despite economic challenges, the bank improved its operating result and cost/income ratio, while focusing on qualitative growth and innovative customer solutions. The ongoing restructuring of Baywa continues to impact performance, with increased risk provisions anticipated for corporate loans amid rising insolvencies.
Raiffeisen has appointed Schwendtbauer as the new CEO, effective May 1, succeeding retiring Heinrich Schaller. On the same day, Sandberger will assume responsibility for the corporate customer business and serve as Deputy General Manager, alongside Michaela Keplinger-Mitterlehner, who will continue in her role.
Raiffeisen Bank International (RBI) shares fell by 2.82% to EUR 25.15 on March 20, 2025, despite a monthly increase of 2.50% and a notable annual rise of 33.75%. The bank's market capitalization stands at 8.3 billion euros, with key upcoming events including the Annual General Meeting on March 26 and the dividend cut on March 31, which may influence short-term trading. Investors are urged to consider their positions as the shares are currently 9.18% below their 52-week high.
ProCapital has expanded its partnership with BNP Paribas’ Securities Services to include a comprehensive range of services across European markets, such as custody, clearing, and securities lending. This collaboration builds on their existing relationship, which began in North America in 2021, enhancing ProCapital's operational efficiency through integrated execution and custody solutions. Both firms emphasize their shared commitment to service quality and client satisfaction.
ProCapital has expanded its partnership with BNP Paribas’ Securities Services to include a comprehensive range of services across European markets, such as custody, clearing, and securities lending. This collaboration enhances ProCapital's access to BNP Paribas’ integrated Execution-to-Custody solution, streamlining transaction flows from execution to settlement. The relationship, which began in North America, reflects a shared commitment to service quality and client satisfaction.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
citigroup downgrades brp to sell with price target cut to 29 dollars
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