Independent Research GmbH Reiterates “€505.00” Price Target for Rational Ag (FRA:RAA)
Independent Research GmbH set a €505.00 ($594.12) target price on Rational Ag (FRA:RAA) in a research report sent to investors on Tuesday, July 11th. The brokerage currently has a neutral rating on the stock.
Several other research firms also recently commented on RAA. Baader Bank set a €476.00 ($560.00) price target on shares of Rational Ag and gave the stock a neutral rating in a research note on Tuesday, July 11th. HSBC Holdings plc set a €515.00 ($605.88) price target on shares of Rational Ag and gave the stock a buy rating in a research note on Friday, June 30th. Finally, Warburg Research set a €450.00 ($529.41) price target on shares of Rational Ag and gave the stock a neutral rating in a research note on Monday, May 29th. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of €509.00 ($598.82).
Rational Ag (FRA RAA) traded down 0.62% during midday trading on Tuesday, reaching €525.80. 18 shares of the company traded hands. Rational Ag has a one year low of €406.90 and a one year high of €532.40. The stock has a market capitalization of €5.98 billion and a P/E ratio of 43.86. The company has a 50 day moving average price of €496.15 and a 200-day moving average price of €459.49.
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