Shares of Rational AG (FRA:RAA) have earned an average rating of “Hold” from the eight research firms that are presently covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is €567.86 ($660.30).
A number of research analysts recently weighed in on the stock. Deutsche Bank set a €610.00 ($709.30) target price on shares of Rational and gave the company a “buy” rating in a research report on Friday, March 16th. Independent Research set a €540.00 ($627.91) target price on shares of Rational and gave the company a “neutral” rating in a research report on Tuesday, May 15th. 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, May 3rd. DZ Bank reaffirmed a “neutral” rating on shares of Rational in a research report on Tuesday, May 8th. Finally, Warburg Research set a €620.00 ($720.93) target price on shares of Rational and gave the company a “buy” rating in a research report on Monday, May 7th.
Rational stock traded up €6.00 ($6.98) during mid-day trading on Friday, reaching €565.00 ($656.98). The company’s stock had a trading volume of 4,609 shares. Rational has a 12 month low of €428.33 ($498.06) and a 12 month 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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