Analysts Set Rational Ag (RAA) Target Price at $600.00

Rational Ag (FRA:RAA) has been given a consensus rating of “Hold” by the ten ratings firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is €600.00 ($697.67).

Several research firms have issued reports on RAA. DZ Bank set a €609.00 ($708.14) price objective on shares of Rational and gave the company a “neutral” rating in a research report on Friday, August 10th. Baader Bank set a €565.00 ($656.98) price objective on shares of Rational and gave the company a “neutral” rating in a research report on Thursday, August 9th. Commerzbank set a €612.00 ($711.63) price objective on shares of Rational and gave the company a “sell” rating in a research report on Thursday, September 20th. Deutsche Bank set a €654.00 ($760.47) price objective on shares of Rational and gave the company a “buy” rating in a research report on Friday, August 10th. Finally, Independent Research set a €630.00 ($732.56) price objective on shares of Rational and gave the company a “neutral” rating in a research report on Friday, August 10th.

FRA:RAA traded up €4.00 ($4.65) during mid-day trading on Friday, hitting €598.00 ($695.35). 5,038 shares of the stock traded hands. Rational has a 52 week low of €428.33 ($498.06) and a 52 week high of €595.02 ($691.88).

Rational Company Profile

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.

See Also: Understanding Analyst Ratings

Analyst Recommendations for Rational (FRA:RAA)

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