Rational (FRA:RAA) has been assigned a €680.00 ($790.70) price objective by analysts at Berenberg Bank in a note issued to investors on Wednesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s price objective suggests a potential downside of 2.58% from the stock’s previous close.
A number of other research firms have also commented on RAA. Independent Research set a €650.00 ($755.81) price target on Rational and gave the company a “sell” rating in a research report on Friday, November 1st. Warburg Research set a €655.00 ($761.63) price objective on Rational and gave the stock a “neutral” rating in a research note on Friday, November 1st. Royal Bank of Canada set a €560.00 ($651.16) target price on Rational and gave the company a “sell” rating in a report on Wednesday, November 6th. Baader Bank set a €565.00 ($656.98) target price on shares of Rational and gave the company a “neutral” rating in a research report on Thursday, October 31st. Finally, Hauck & Aufhaeuser set a €625.00 ($726.74) price target on shares of Rational and gave the stock a “neutral” rating in a report on Friday, November 1st. Two analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. Rational currently has a consensus rating of “Hold” and an average price target of €625.67 ($727.52).
FRA RAA traded up €10.00 ($11.63) on Wednesday, reaching €698.00 ($811.63). The company had a trading volume of 5,189 shares. Rational has a fifty-two week low of €428.33 ($498.06) and a fifty-two week high of €595.02 ($691.88). The business has a 50 day moving average of €681.93 and a two-hundred day moving average of €628.35.
Rational Company Profile
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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