Distribution of recommendations

The distribution of all recommendations relating to the 12 months prior to the publications date (column A), as well as the distribution of recommendations in the context of which services of investment firms set out in Sections A (investment services and activities) and B (ancillary services) of Annex I of Directive 2014/65/EU of the European Parliament and of the Council ("special services") have been provided in the past 12 months (column B).

Empty Column A Column B
Investment recommendation Basis: All recommendations for all financial instruments (last 12 months) Basis: Recommendations for financial instruments of all issuers, for which special services were rendered in the last 12 months
Buy recommendations 56.8% 53.3%
Hold recommendations 23.4% 25.5%
Sell recommendations 19.8% 21.2%
Source: Raiffeisen Bank International AG, rounding differences may occur, overview generated at 07:46 AM on October 05, 2022