Rational (RAA) Given a €650.00 Price Target at Berenberg Bank

Berenberg Bank set a €650.00 ($738.64) price objective on Rational (FRA:RAA) in a research note issued to investors on Monday. The brokerage currently has a neutral rating on the stock.

Several other research firms have also recently commented on RAA. Independent Research set a €540.00 ($613.64) target price on Rational and gave the stock a neutral rating in a research note on Tuesday, May 15th. Warburg Research set a €620.00 ($704.55) target price on Rational and gave the stock a buy rating in a research note on Monday, May 7th. DZ Bank set a €609.00 ($692.05) target price on Rational and gave the stock a neutral rating in a research note on Friday. Baader Bank set a €565.00 ($642.05) target price on Rational and gave the stock a neutral rating in a research note on Thursday, August 9th. Finally, Deutsche Bank set a €610.00 ($693.18) target price on Rational and gave the stock a buy rating in a research note on Wednesday, May 9th. Six analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of €596.00 ($677.27).

FRA RAA opened at €642.50 ($730.11) on Monday. Rational has a one year low of €428.33 ($486.74) and a one year high of €595.02 ($676.16).

About Rational

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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