Brokerages Set Rational Ag (RAA) PT at $567.88

Rational Ag (FRA:RAA) has earned an average recommendation of “Hold” from the nine ratings firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is €573.25 ($666.57).

RAA has been the subject of several recent research reports. 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. Baader Bank set a €565.00 ($656.98) price objective on Rational and gave the company a “neutral” rating in a research note on Tuesday, October 30th. Kepler Capital Markets set a €495.00 ($575.58) price objective on Rational and gave the company a “neutral” rating in a research note on Tuesday, October 30th. DZ Bank reissued a “neutral” rating on shares of Rational in a research note on Tuesday, October 30th. Finally, Independent Research set a €560.00 ($651.16) price objective on Rational and gave the company a “neutral” rating in a research note on Thursday, November 1st.

FRA RAA traded up €2.00 ($2.33) during mid-day trading on Thursday, hitting €598.00 ($695.35). The stock had a trading volume of 7,827 shares. Rational has a twelve month low of €428.33 ($498.06) and a twelve 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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Analyst Recommendations for Rational (FRA:RAA)

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