Baader Bank set a €420.00 ($471.91) target price on Rational (FRA:RAA) in a report issued on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Several other brokerages have also commented on RAA. Royal Bank of Canada set a €430.00 ($483.15) price objective on Rational and gave the company a sell rating in a research report on Wednesday, May 6th. Hauck & Aufhaeuser set a €473.00 ($531.46) price objective on Rational and gave the stock a neutral rating in a report on Monday, May 4th. HSBC set a €497.00 ($558.43) target price on Rational and gave the company a buy rating in a research note on Thursday, May 7th. Deutsche Bank set a €425.00 ($477.53) target price on Rational and gave the company a neutral rating in a research note on Thursday, May 7th. Finally, Warburg Research set a €450.00 ($505.62) target price on Rational and gave the company a neutral rating in a research note on Thursday, May 7th. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. The company has a consensus rating of Hold and an average price target of €473.50 ($532.02).
Shares of FRA:RAA traded down €9.40 ($10.56) during midday trading on Wednesday, reaching €489.00 ($549.44). 68,808 shares of the company traded hands. The firm’s fifty day moving average price is €482.99 and its two-hundred day moving average price is €568.37. Rational has a 12 month low of €428.33 ($481.27) and a 12 month high of €595.02 ($668.56).
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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