HSBC Holdings plc Reiterates “€545.00” Price Target for Rational Ag (RAA)
Rational Ag (FRA:RAA) received a €545.00 ($641.18) target price from equities research analysts at HSBC Holdings plc in a report released on Tuesday. The firm presently 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 objective on shares of Rational Ag and gave the company a “neutral” rating in a report on Tuesday, July 11th. DZ Bank AG reissued a “neutral” rating on shares of Rational Ag in a report on Wednesday, July 19th. Berenberg Bank set a €610.00 ($717.65) target price on shares of Rational Ag and gave the company a “buy” rating in a research note on Tuesday, August 29th. Independent Research GmbH set a €505.00 ($594.12) target price on shares of Rational Ag and gave the company a “neutral” rating in a research note on Tuesday, July 11th. Finally, Deutsche Bank AG set a €530.00 ($623.53) target price on shares of Rational Ag and gave the company a “buy” rating in a research note on Wednesday, August 9th. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of €541.43 ($636.97).
Rational Ag (FRA:RAA) opened at 564.319 on Tuesday. The stock has a 50 day moving average of €569.65 and a 200-day moving average of €512.82. Rational Ag has a 12 month low of €406.90 and a 12 month high of €595.02. The company has a market cap of €6.42 billion and a P/E ratio of 47.558.
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