Brokerages Set Rational Ag (RAA) Target Price at $549.29
Rational Ag (FRA:RAA) has been given a consensus recommendation of “Hold” by the eight brokerages that are currently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is €549.29 ($678.13).
RAA has been the topic of several research analyst reports. Independent Research set a €590.00 ($728.40) price objective on shares of Rational and gave the company a “neutral” rating in a research report on Tuesday, January 16th. Berenberg Bank set a €610.00 ($753.09) price objective on shares of Rational and gave the company a “buy” rating in a research report on Thursday, December 7th. DZ Bank reaffirmed a “neutral” rating on shares of Rational in a research report on Monday, November 6th. Finally, set a €545.00 ($672.84) price target on shares of Rational and gave the stock a “neutral” rating in a research report on Monday, November 6th.
Shares of Rational (FRA RAA) traded down €11.50 ($14.20) on Thursday, hitting €507.50 ($626.54). 4,918 shares of the stock traded hands. The company has a market capitalization of $5,780.00 and a price-to-earnings ratio of 41.43. Rational has a 52 week low of €428.33 ($528.80) and a 52 week high of €595.02 ($734.59).
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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 MULTIFICIENCY product that cooks with direct contact heat or in liquids.
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