Rational (FRA:RAA) Received a €565.00 Target Price at Baader Bank

Rational (FRA:RAA) Received a €565.00 Target Price at Baader Bank

Rational (FRA:RAA) has been assigned a €565.00 ($656.98) price target by stock analysts at Baader Bank in a research note issued to investors on Friday, February 1st. The brokerage currently has a “neutral” rating on the stock. Baader Bank’s price target indicates a potential downside of 1.57% from the stock’s previous close.

Several other research firms have also issued reports on RAA. Deutsche Bank set a €654.00 ($760.47) price target on Rational and gave the stock a “buy” rating in a research report on Friday, November 23rd. Commerzbank set a €612.00 ($711.63) price objective on Rational and gave the company a “sell” rating in a research note on Wednesday, October 24th. HSBC set a €620.00 ($720.93) price target on Rational and gave the company a “neutral” rating in a report on Wednesday, December 5th. Warburg Research set a €610.00 ($709.30) price target on Rational and gave the company a “neutral” rating in a report on Tuesday, October 23rd. Finally, Independent Research set a €560.00 ($651.16) price objective on Rational and gave the stock a “neutral” rating in a research note on Thursday, November 1st. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. Rational presently has a consensus rating of “Hold” and a consensus price target of €572.44 ($665.63).

FRA:RAA traded down €12.50 ($14.53) during trading on Friday, reaching €574.00 ($667.44). The company’s stock had a trading volume of 10,745 shares. Rational has a 12 month low of €428.33 ($498.06) and a 12 month 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.

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