In a report released on November 26, Craig Abbott from Kepler Capital maintained a Buy rating on Rational (0FRJ – Research Report), with a price target of €885.00. The company’s shares closed last Tuesday at €897.00.
According to TipRanks, Abbott is a 3-star analyst with an average return of 3.3% and a 47.37% success rate.
Currently, the analyst consensus on Rational is a Hold with an average price target of €822.30.
The company has a one-year high of €938.00 and a one-year low of €574.50. Currently, Rational has an average volume of 1,341.
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Rational (0FRJ) Company Description:
Rational AG makes and distributes cooking appliances used in professional kitchens. The company produces self-cooking appliances that use steam, hot air, or liquids to heat food combining conventional cooking systems, allowing for an automated meal-preparation process. The customers include restaurants, hotels, large-scale catering operations, and quick-service providers. Rational’s segments are reported as: DACH (Germany, Austria, Switzerland), EMEA (Europe, Middle East, Africa), Americas (North and Latin America) and Asia. Their core market is Europe, generating more than half of total sales revenue.
