Rational (FRA:RAA) has been assigned a €612.00 ($711.63) target price by investment analysts at Commerzbank in a report issued on Thursday, September 20th. The brokerage currently has a “sell” rating on the stock. Commerzbank’s price objective points to a potential upside of 4.79% from the stock’s current price.
A number of other equities analysts have also weighed in on RAA. Baader Bank set a €565.00 ($656.98) target price on Rational and gave the stock a “neutral” rating in a research note on Thursday, August 9th. DZ Bank set a €609.00 ($708.14) target price on Rational and gave the stock a “neutral” rating in a research note on Friday, August 10th. Independent Research set a €630.00 ($732.56) target price on Rational and gave the stock a “neutral” rating in a research note on Friday, August 10th. Deutsche Bank set a €654.00 ($760.47) target price on Rational and gave the stock a “buy” rating in a research note on Friday, August 10th. Finally, Berenberg Bank set a €650.00 ($755.81) target price on Rational and gave the stock a “neutral” rating in a research note on Monday, August 13th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of €600.00 ($697.67).
Shares of FRA RAA traded down €10.00 ($11.63) during trading hours on Thursday, reaching €584.00 ($679.07). 18,622 shares of the stock were exchanged. 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 cooking appliances for professional kitchens. It operates in two segments, RATIONAL and FRIMA. The RATIONAL segment offers the SelfCookingCenter and CombiMaster Plus products that cook via steam and hot air. The FRIMA segment provides the VarioCooking Center, a multifunctional product that cooks with direct contact heat or in liquids.
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