Royal Bank of Canada set a €400.00 ($470.59) price objective on Rational (FRA:RAA) in a report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Other equities analysts have also issued research reports about the company. Berenberg Bank set a €615.00 ($723.53) target price on Rational and gave the company a neutral rating in a report on Thursday. Baader Bank set a €420.00 ($494.12) price objective on Rational and gave the stock a sell rating in a report on Thursday, July 30th. Warburg Research set a €450.00 ($529.41) price objective on Rational and gave the stock a neutral rating in a report on Thursday, July 30th. Deutsche Bank set a €425.00 ($500.00) price objective on Rational and gave the stock a neutral rating in a report on Friday, July 31st. Finally, DZ Bank reaffirmed a neutral rating on shares of Rational in a report on Tuesday, August 4th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. The company has an average rating of Hold and an average target price of €478.00 ($562.35).
Rational stock opened at €620.50 ($730.00) on Friday. Rational has a twelve month low of €428.33 ($503.92) and a twelve month high of €595.02 ($700.02). The stock’s fifty day simple moving average is €555.99 and its 200-day simple moving average is €504.03.
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.
Featured Story: What is the accumulation/distribution indicator?
Receive News & Ratings for Rational Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rational and related companies with MarketBeat.com's FREE daily email newsletter.