Berenberg Bank set a €680.00 ($790.70) price objective on Rational (FRA:RAA) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities research analysts also recently weighed in on RAA. HSBC set a €672.00 ($781.40) price target on shares of Rational and gave the company a neutral rating in a research report on Friday, November 1st. Warburg Research set a €655.00 ($761.63) price objective on Rational and gave the company a neutral rating in a research report on Friday, November 1st. Deutsche Bank set a €724.00 ($841.86) target price on Rational and gave the company a buy rating in a research note on Monday, November 4th. Kepler Capital Markets set a €500.00 ($581.40) target price on Rational and gave the stock a neutral rating in a report on Thursday, October 31st. Finally, Hauck & Aufhaeuser set a €625.00 ($726.74) price target on Rational and gave the stock a neutral rating in a research note on Friday, November 1st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. Rational currently has an average rating of Hold and an average price target of €625.67 ($727.52).
Shares of FRA RAA opened at €703.50 ($818.02) on Wednesday. The firm’s 50 day moving average price is €685.32 and its 200-day moving average price is €630.13. Rational has a 52-week low of €428.33 ($498.06) and a 52-week 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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