Rational Ag (RAA) Received Consensus Rating of “Hold” by Brokerages

Rational Ag (RAA) Received Consensus Rating of “Hold” by Brokerages

Shares of Rational Ag (FRA:RAA) have been assigned an average rating of “Hold” from the eight brokerages that are presently covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is €596.00 ($693.02).

A number of equities analysts have weighed in on RAA shares. Baader Bank set a €565.00 ($656.98) price target on shares of Rational and gave the stock a “neutral” rating in a research note on Thursday, August 9th. Berenberg Bank set a €650.00 ($755.81) price target on shares of Rational and gave the stock a “neutral” rating in a research note on Monday, August 13th. Independent Research set a €630.00 ($732.56) target price on shares of Rational and gave the company a “neutral” rating in a research note on Friday, August 10th. DZ Bank set a €609.00 ($708.14) target price on shares of Rational and gave the company a “neutral” rating in a research note on Friday, August 10th. Finally, Deutsche Bank set a €654.00 ($760.47) target price on shares of Rational and gave the company a “buy” rating in a research note on Friday, August 10th.

FRA:RAA opened at €642.96 ($747.63) on Monday. Rational has a fifty-two week low of €428.33 ($498.06) and a fifty-two week high of €595.02 ($691.88).

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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.

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