Rational (FRA:RAA) received a €654.00 ($760.47) price target from equities research analysts at Deutsche Bank in a research note issued to investors on Monday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 11.79% from the stock’s previous close.
A number of other brokerages have also issued reports on RAA. Warburg Research set a €598.00 ($695.35) target price on Rational and gave the company a “neutral” rating in a research report on Thursday. Baader Bank set a €565.00 ($656.98) price objective on Rational and gave the company a “neutral” rating in a research note on Tuesday, May 7th. Independent Research set a €570.00 ($662.79) price objective on Rational and gave the company a “neutral” rating in a research note on Wednesday, February 6th. Berenberg Bank set a €635.00 ($738.37) price objective on Rational and gave the company a “buy” rating in a research note on Tuesday, April 16th. Finally, Kepler Capital Markets set a €500.00 ($581.40) price objective on Rational and gave the company a “neutral” rating in a research note on Tuesday, May 7th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of €571.30 ($664.30).
Shares of FRA:RAA opened at €585.00 ($680.23) on Monday. Rational has a 1 year low of €428.33 ($498.06) and a 1 year high of €595.02 ($691.88).
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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