Deutsche Bank set a €654.00 ($760.47) price target on Rational (FRA:RAA) in a research report sent to investors on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other brokerages have also weighed in on RAA. HSBC set a €648.00 ($753.49) target price on Rational and gave the company a neutral rating in a research note on Friday, June 14th. Kepler Capital Markets set a €500.00 ($581.40) target price on Rational and gave the company a neutral rating in a research note on Tuesday, May 7th. DZ Bank restated a neutral rating on shares of Rational in a research note on Friday, August 9th. Independent Research set a €620.00 ($720.93) target price on Rational and gave the company a neutral rating in a research note on Friday, August 9th. Finally, Warburg Research set a €598.00 ($695.35) target price on Rational and gave the company a neutral rating in a research note on Thursday, August 8th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of €571.00 ($663.95).
Shares of FRA:RAA opened at €593.50 ($690.12) on Tuesday. Rational has a twelve month low of €428.33 ($498.06) and a twelve month high of €595.02 ($691.88). The business has a fifty day moving average of €597.84 and a 200-day moving average of €583.47.
RATIONAL Aktiengesellschaft develops, produces, and sells professional cooking appliances for industrial kitchens. It operates in two segments, RATIONAL and FRIMA. The RATIONAL segment offers combi-steamers, such as SelfCookingCenter and CombiMaster Plus; and care products for combi-steamers. The FRIMA segment provides the VarioCooking Center, a multifunctional cooking appliance that cooks in liquids or direct contact with heat.
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