Price targets

Analyst ratings

9 analysts rated this company in the past 90 days. The average target price is €769.56, this is a change of +18.3% compared to the current price.

• September 1, 2025

  RBC maintains Rational's 'underperform' rating - target 600 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained Rational's "underperform" rating with a price target of €600. His earnings (EPS) estimates for the European capital goods manufacturer have declined since the beginning of the year, as US tariffs have created new uncertainty regarding the business outlook and further delayed the cyclical recovery, Mark Fielding wrote in his industry outlook published Tuesday. Following the recovery, especially among large corporate stocks, in the second quarter, he is now somewhat more neutral on the sector. However, stocks such as Schneider Electric, Alfa Laval, Metso, Daimler Truck, Weir, and Vesuvius are still attractive./gl/ag

  Publication of the original study: September 1, 2025 / 10:13 PM / EDT. First distribution of the original study: September 2, 2025 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 27, 2025

  Hauck Aufhäuser IB maintains Rational at 'Buy' - target 750 euros

  HAMBURG (dpa-AFX Analyst) - Hauck Aufhäuser Investment Banking has maintained its rating for Rational at "Buy" with a price target of €750. The commercial kitchen equipment supplier is one of the highest-quality companies under its valuation, wrote Simon Keller in his commentary published on Wednesday. The current valuation offers a good entry opportunity./ag/ajx

  Publication of the original study: August 27, 2025 / 7:40 a.m. / CET First distribution of the original study: August 27, 2025 / 7:40 a.m. / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 19, 2025

  RBC maintains Rational's 'underperform' rating - target 600 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Rational at "underperform" with a price target of €600. The first half of the year for the European capital goods industry was largely in line with expectations, wrote Mark Fielding in an industry report released Tuesday. However, the bottom line appears somewhat more cautious, which is why he has slightly revised his earnings forecasts downwards on average. Nevertheless, he still sees attractiveness in some stocks such as Schneider, Alfa Laval, Metso, Daimler Truck, Weir, and Vesuvius./edh/gl

  Publication of the original study: August 19, 2025 / 2:01 a.m. / EDT First distribution of the original study: August 19, 2025 / 2:01 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 7, 2025

  Bernstein raises target for Rational to 1020 euros - 'Outperform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has raised its price target for Rational from €1,000 to €1,020 and maintained its rating at "outperform." Analyst Philippe Lorrain wrote in a report released Friday that it is time to adopt a more positive assessment of the commercial kitchen equipment supplier's stock. The short-term impact of US tariffs can be managed. Given the high-quality business model, the recent reductions in consensus estimates appeared excessive./rob/mf/mis

  Publication of the original study: August 7, 2025 / 6:13 PM / UTC. First distribution of the original study: August 7, 2025 / 6:13 PM / UTC.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 7, 2025

  Hauck Aufhäuser IB raises Rational to 'Buy' and target to 750 euros

  HAMBURG (dpa-AFX Analyst) - Hauck Aufhäuser Investment Banking has upgraded Rational from "Hold" to "Buy" and raised its price target from €730 to €750. Simon Keller, in a study released Thursday, attested to a solid second quarter for the commercial kitchen equipment supplier. He also expects lower capital expenditures. Operational developments in the first half of the year were promising, and the quality of the products is not in question compared to the competition. All of this explains his buy recommendation./rob/tih/zb

  Publication of the original study: August 7, 2025 / 8:08 a.m. / Time zone not specified in the study

  First distribution of the original study: August 7, 2025 / 8:14 a.m. / Time zone not specified in the study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 6, 2025

  Deutsche Bank lowers target for Rational to 741 euros - 'Hold'

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has lowered its price target for Rational from €746 to €741 and maintained its "Hold" rating. The professional kitchen equipment supplier's operating result (EBIT) was better than market expectations, wrote Lars Vom-Cleff in a study published Wednesday. The expert interprets the adjusted outlook as a slight downward revision of the profitability forecast "through the back door." It slightly reduced its EBIT forecast for 2025./edh/tih

  Publication of the original study: August 6, 2025 / Time not specified in the study / CET

  First distribution of the original study: August 6, 2025 / 8:00 a.m. / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 6, 2025

  Berenberg raises target for Rational to 780 euros - 'Hold'

  HAMBURG (dpa-AFX Analyst) – Private bank Berenberg has raised its price target for Rational from €770 to €780 and maintained its "Hold" rating. Fraser Donlon attested to a solid second quarter for the commercial kitchen equipment supplier in a study released Wednesday. However, the margin target range has been narrowed slightly downwards. Despite the target increase, he slightly reduced his earnings per share estimate for the current year./rob/tih/bek

  Publication of the original study: August 6, 2025 / 5:32 a.m. / GMT

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 6, 2025

  Warburg Research lowers target for Rational to 760 euros - 'Hold'

  HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research lowered its price target for Rational from €785 to €760 following the company's earnings release and maintained its "Hold" rating. The kitchen equipment manufacturer's second quarter was solid, wrote analyst Christian Cohrs in a report released Wednesday. As the margin outlook is now at the lower end of the previous target range, the expert adjusted his estimate and thus also the price target slightly downward./rob/mf/tih

  Publication of the original study: August 6, 2025 / 8:15 a.m. / Time zone not specified in study. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 6, 2025

  UBS lowers target for Rational to 750 euros - 'Neutral'

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has lowered its price target for Rational from €825 to €750 and left its rating at "Neutral." Olivier Calvet wrote in a study published Wednesday that it is too early to become optimistic again regarding the commercial kitchen equipment supplier. This also applies given that tariff uncertainty has diminished. Regarding growth and margins, uncertainties have not completely disappeared./rob/tih/mis

  Publication of the original study: August 6, 2025 / 2:55 a.m. / GMT

  First distribution of the original study: August 6, 2025 / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 5, 2025

  UBS keeps Rational at 'Neutral' - Target 825 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Rational at "Neutral" after the company's results, with a price target of €825. While the commercial kitchen equipment manufacturer's second-quarter sales were only slightly better than expected, operating profit (EBIT) exceeded consensus expectations by around 4 percent, Olivier Calvet wrote in a quick assessment released Tuesday. However, due to additional tariffs, the margin target was slightly lowered./rob/ck/zb

  Publication of the original study: August 5, 2025 / 5:34 a.m. / GMT

  First distribution of the original study: August 5, 2025 / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 5, 2025

  Baader Bank maintains Rational at 'Reduce' - target 720 euros

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its rating for Rational at "Reduce" after the company's results, with a price target of €720. The second quarter slightly exceeded expectations, Peter Rothenaicher wrote in a quick assessment released Tuesday. At the same time, the manufacturer of commercial kitchen equipment has become "somewhat more cautious" regarding its outlook for the rest of the year./rob/ck/zb

  Publication of the original study: August 5, 2025 / 8:17 a.m. / CEST

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 5, 2025

  RBC maintains Rational's 'underperform' rating - target 600 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Rational at "underperform" after the company's earnings release, with a price target of €600. Analyst Sebastian Kuenne, in a report released Tuesday, attested to a strong second quarter for the commercial kitchen equipment supplier. He praised continued strong margin development with encouraging growth trends in most end markets. However, the margin forecast was slightly lowered due to the uncertainty surrounding US tariffs./rob/tih/zb

  Publication of the original study: August 5, 2025 / 1:48 a.m. / EDT

  First distribution of the original study: August 5, 2025 / 1:48 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 16, 2025

  Baader Bank maintains Rational at 'Reduce' - target 720 euros

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its rating for Rational at "Reduce" ahead of the company's quarterly results expected on August 5, with a price target of €720. The manufacturer of commercial kitchen equipment is expected to report sales of 4 to 5 percent in the second quarter, but the operating profit margin is expected to have declined compared to the strong prior-year quarter, Peter Rothenaicher wrote in his outlook on Wednesday. Compared to the previous quarter, the margin is likely to have increased slightly to 25.4 percent./rob/ck/ag

  Publication of the original study: July 16, 2025 / 11:05 a.m. / CEST

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 4, 2025

  Barclays lowers target for Rational to 805 euros - 'Equal Weight'

  LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for Rational from €810 to €805, but maintained its rating at "Equal Weight." While the commercial kitchen equipment supplier's shares have corrected, they lack price drivers, Timothy Lee wrote in his assessment released Monday. The annual sales target and market consensus are at risk, which is likely to impact margins./ag/gl

  Publication of the original study: July 4, 2025 / 5:17 PM / GMT. First distribution of the original study: July 7, 2025 / 3:00 AM / GMT.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 4, 2025

  Bernstein raises target for Rational to 1,000 euros - 'Outperform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has raised its price target for Rational from €970 to €1,000 and maintained its rating at "Outperform." The commercial kitchen equipment supplier had previously expressed a positive outlook for its second-quarter business performance, Philippe Lorrain wrote in his outlook published Friday. He largely maintains his sales and operating profit (EBIT) forecasts for 2025, but lowers them slightly for 2026 and 2027 due to negative exchange rate developments. However, with regard to the price target, this is more than offset by lower capital costs (WACC)./rob/gl

  Publication of the original study: July 4, 2025 / 6:20 a.m. / UTC First distribution of the original study: July 4, 2025 / 6:20 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 3, 2025

  RBC maintains Rational's 'underperform' rating - target 600 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Rational at "underperform" with a price target of €600. The companies in the European capital goods sector are likely to have achieved organic growth of three percent in the second quarter, wrote Mark Fielding in an outlook for the reporting season. However, there is immense uncertainty regarding the outlook for the second half of the year. While risks are limited, the pace of a recovery remains questionable. He considers Schneider, Alfa Laval, Melrose, Metso, Weir, and Vesuvius particularly attractive./ag/edh

  Publication of the original study: July 3, 2025 / 5:53 PM / EDT

  First distribution of the original study: July 4, 2025 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 17, 2025

  Warburg Research maintains Rational's 'Hold' rating - target 785 euros

  HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its rating for Rational at "Hold" with a price target of €785. Christian Cohrs wrote on Tuesday after a conference that the commercial kitchen equipment supplier is a remarkable company with a clear strategy and good growth prospects./rob/ajx/he

  Publication of the original study: June 17, 2025 / 2:00 p.m. / Time zone not specified in study. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 4, 2025

  RBC lowers target for Rational to 600 euros - 'Underperform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC lowered its price target for Rational from €610 to €600 and maintained its rating at "underperform." Mark Fielding wrote in a study on the capital goods sector published Thursday that the price slump following the initial tariff news created a more attractive time to invest in capital goods stocks in April. Even after their recovery, investment opportunities remain. He specifically mentioned Schneider Electric, Alfa Laval, Metso, Daimler Truck, Weir, DiscoverIE, and Vesuvius. He advises against investing in higher-valued companies such as Kone, Atlas Copco, Rational, and Spirax./tih/zb

  Publication of the original study: June 4, 2025 / 5:58 PM / EDT

  First distribution of the original study: June 5, 2025 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 12, 2025

  UBS lowers target for Rational to 825 euros - 'Neutral'

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS lowered its price target for Rational from 870 to 825 euros, but left the rating at "neutral." A weak first quarter is seasonal normality, Olivier Calvet wrote on Monday following the latest report. However, he cut his estimates, partly due to currency and tariff headwinds./rob/ag/gl

  Publication of the original study: May 12, 2025 / 12:45 PM / GMT. First distribution of the original study: May 12, 2025 / Time not specified in study / Time zone not specified in study.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 7, 2025

  Hauck Aufhäuser IB lowers target for Rational to 730 euros - 'Hold'

  HAMBURG (dpa-AFX Analyst) - Hauck Aufhäuser Investment Banking lowered its price target for Rational from €780 to €730 following the company's earnings release, but maintained its "Hold" rating. The commercial kitchen manufacturer presented mixed figures for the first quarter, Simon Keller wrote in a study released Wednesday. The current economic uncertainties are, of course, factored into the price./mf/bek

  Publication of the original study: May 7, 2025 / 8:20 a.m. / CET

  First distribution of the original study: May 7, 2025 / 8:20 a.m. / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 7, 2025

  Bernstein lowers target for Rational to 970 euros - 'Outperform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research lowered its price target for Rational from €1,015 to €970 following first-quarter results, but maintained its rating at "Outperform." Philippe Lorrain wrote in a report released Wednesday that he lowered his estimates due to increasing exchange rate influences. However, the supplier of commercial kitchens should be able to overcome the difficulties regarding import tariffs./rob/bek/gl

  Publication of the original study: May 7, 2025 / 5:31 a.m. / UTC First distribution of the original study: May 7, 2025 / 5:31 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 6, 2025

  Barclays lowers target for Rational to 810 euros - 'Equal Weight'

  LONDON (dpa-AFX Analyst) - British investment bank Barclays lowered its price target for Rational from €839 to €810, but maintained its rating at "Equal Weight." The commercial kitchen equipment supplier missed operating earnings expectations due to higher costs, Timothy Lee wrote on Tuesday evening after the quarterly results. The impact of tariffs likely only became apparent in the second quarter.

  Publication of the original study: May 6, 2025 / 5:21 PM / GMT. First distribution of the original study: May 7, 2025 / 3:00 AM / GMT.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 6, 2025

  RBC maintains Rational's 'Underperform' rating - target 610 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained Rational's "underperform" rating with a price target of €610 following its first-quarter results. The commercial kitchen equipment supplier's figures slightly missed expectations, wrote Sebastian Kuenne in a study released Tuesday. Both sales, operating profit, and net income were slightly below consensus estimates. Kuenne described the figures as quite weak, especially since the margin was significantly below the annual target. If sales momentum does not increase, it will be difficult for the company to achieve its annual forecast./ck/gl

  Publication of the original study: May 6, 2025 / 2:59 a.m. / EDT

  First distribution of the original study: May 6, 2025 / 2:59 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 6, 2025

  Bernstein maintains Rational's 'Outperform' rating after figures

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Rational at "outperform" following its first-quarter results, with a price target of €1,015. Both the commercial kitchen equipment supplier's sales, operating profit, and net income slightly missed consensus estimates, Philippe Lorrain wrote in a study released Tuesday. This may be somewhat disappointing. In terms of cash flow, Rational suffered significantly from higher net working capital and higher cash-related taxes, which could not be offset by lower capital expenditures./ck/gl

  Publication of the original study: May 6, 2025 / 7:06 a.m. / UTC First distribution of the original study: May 6, 2025 / 7:06 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 6, 2025

  UBS keeps Rational at 'Neutral' - Target 870 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Rational at "neutral" with a price target of €870. The commercial kitchen equipment supplier's shares are likely to lag the overall market in light of the disappointing sales, Olivier Calvet wrote on Tuesday following the quarterly results. There are likely to be many questions at the analyst conference, particularly regarding the company's customs strategy./rob/ag/gl

  Publication of the original study: May 6, 2025 / 5:43 a.m. / GMT. First distribution of the original study: May 6, 2025 / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 6, 2025

  Baader Bank maintains Rational at 'Reduce' - target 720 euros

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its rating for Rational at "Reduce" following its first-quarter results, with a price target of €720. The supplier of commercial kitchens only saw moderate sales growth year-on-year, Peter Rothenaicher wrote in an initial reaction on Tuesday. This was primarily due to the high sales in the first quarter of 2024, the comparable quarter. Overall, however, the company is on track to achieve its annual targets./bek/la

  Publication of the original study: May 6, 2025 / 7:47 a.m. / CEST

  First distribution of the original study: May 6, 2025 / Time not specified in the study / CEST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 24, 2025

  Barclays lowers target for Rational to 839 euros - 'Equal Weight'

  LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for Rational from €890 to €839, but maintained its rating at "Equal Weight." In a "Tariffs 3.0" world, corporate profits are far from "liberalized," wrote analyst Vladimir Sergievskiy in his reassessment of the European capital goods sector published on Friday. Early-cycle companies will feel the pain first, although, unlike in previous downturns, a V-shaped recovery is unlikely. The order backlog is still protecting the late-cycle companies for the time being. However, the order situation will tip due to postponed investments. Sergievskiy cut his earnings estimates through 2026 by an average of 7 percent./ag/mis

  Publication of the original study: April 24, 2025 / 4:36 PM / GMT

  First distribution of the original study: April 24, 2025 / 4:40 PM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 15, 2025

  Baader Bank maintains Rational at 'Reduce' - target 720 euros

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its rating for Rational at "Reduce" ahead of earnings, with a price target of €720. The commercial kitchen equipment supplier's first-quarter revenue is expected to be only slightly above the level of the comparable quarter of 2024, analyst Peter Rothenaicher wrote in a study released Tuesday. Operating profit (EBIT) is also likely to have increased only moderately. Against this backdrop, the stock is still richly valued./mf/gl

  Publication of the original study: April 15, 2025 / 9:45 a.m. / CEST. First distribution of the original study: Date not specified in study / Time not specified in study / CEST.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 14, 2025

  RBC raises target for Rational to 610 euros - 'Underperform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC raised its price target for Rational from €600 to €610, but maintained the rating at "underperform." Analyst Mark Fielding wrote in a sector report released Tuesday that heightened uncertainty applies to Europe's capital goods manufacturers. On average, the stocks are pricing in about half of an economic recession. Their valuations are now closer to long-term averages. High tariffs are looming for the kitchen equipment supplier, and competition is increasing./bek/gl

  Publication of the original study: April 14, 2025 / 11:08 PM / EDT First distribution of the original study: April 15, 2025 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 31, 2025

  Bernstein lowers target for Rational to 1015 euros - 'Outperform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has lowered its price target for Rational from €1,025 to €1,015, but maintained its rating at "Outperform." Following the price setback following the annual results and the losses since the interim high at the end of October 2024, it's time for a fresh look at the commercial kitchen equipment supplier, analyst Philippe Lorrain wrote in his commentary published Tuesday. Other cyclical stocks have outperformed Rational. Price corrections following earnings releases often offer good entry opportunities for growth stocks. Rational should weather the trading turmoil well and deserves its valuation, according to Lorrain./ag/tav

  Publication of the original study: March 31, 2025 / 9:57 PM / UTC

  First distribution of the original study: April 1, 2025 / 5:00 AM / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 28, 2025

  Warburg Research lowers target for Rational to 795 euros - 'Hold'

  HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has lowered its price target for Rational from €810 to €795 and maintained its "Hold" rating. The professional kitchen equipment supplier's annual report was solid overall, wrote analyst Christian Cohrs in a study released Friday. However, lower growth and slightly declining margins are to be expected for 2025./edh/mis

  Publication of the original study: March 28, 2025 / 8:15 a.m. / CET

  First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 28, 2025

  UBS lowers target for Rational to 870 euros - 'Neutral'

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS lowered its price target for Rational from €910 to €870 following the recently published annual results and left the rating at "Neutral." New products and ongoing investments in sales staff could help the commercial kitchen equipment supplier return to high single-digit growth rates, analyst Olivier Calvet wrote on Friday. However, these measures are unlikely to bear fruit until next year.

  Publication of the original study: March 28, 2025 / 6:10 a.m. / GMT First distribution of the original study: March 28, 2025 / 6:10 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 27, 2025

  Berenberg maintains Rational's 'Hold' rating - target 770 euros

  HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Hold" rating for Rational with a price target of €770. The professional kitchen equipment supplier's detailed annual figures were solid, wrote analyst Fraser Donlon in a study released Friday. However, the outlook for 2025 fell somewhat short of market expectations./edh/mis

  Publication of the original study: March 27, 2025 / 5:36 PM / GMT

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 27, 2025

  UBS maintains Rational at 'Neutral' - Target 910 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Rational at "Neutral" with a price target of EUR 910 following the company's final financial results. Analyst Olivier Calvet highlighted sharply increased sales of the commercial kitchen equipment supplier's iVario product line in an initial reaction on Thursday. Meanwhile, operating profit again benefited from gross margins./bek/la

  Publication of the original study: March 27, 2025 / 6:40 a.m. / GMT First distribution of the original study: March 27, 2025 / 6:40 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 27, 2025

  Bernstein maintains Rational at 'Outperform' - Target 1025 euros

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Rational at "Outperform" after the company's earnings release, with a price target of €1,025. The outlook for the commercial kitchen equipment supplier's 2025 operating profit is slightly below market expectations due to weaker sales growth, analyst Philippe Lorrain wrote in a report released Thursday. Nevertheless, the outlook is solid overall. The revenue outlook isn't really surprising given the recent US dollar exchange rate developments./mis/bek

  Publication of the original study: March 27, 2025 / 7:20 a.m. / UTC

  First distribution of the original study: March 27, 2025 / 7:20 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 27, 2025

  RBC maintains Rational's 'underperform' rating - target 600 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Rational at "underperform" with a price target of €600 following detailed annual figures. The final key figures correspond to the preliminary key figures of the professional kitchen equipment supplier, wrote analyst Sebastian Kuenne in an initial reaction released Thursday. The margin outlook for 2025 is in line with the consensus estimate./edh/bek

  Publication of the original study: March 27, 2025 / 3:19 a.m. / EDT

  First distribution of the original study: March 27, 2025 / 3:19 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• February 6, 2025

  Bernstein raises target for Rational to 1025 euros - 'Outperform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has raised its price target for Rational from €995 to €1,025 and maintained its rating at "outperform." The commercial kitchen equipment supplier presented solid preliminary annual figures, analyst Philippe Lorrain wrote in a report released Thursday. Due to increased estimates and the extension of his valuation model by one quarter into the future, he has now raised his price target./ck/he

  Publication of the original study: February 6, 2025 / 7:47 PM / UTC. First distribution of the original study: February 6, 2025 / 7:47 PM / UTC.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• February 6, 2025

  Baader Bank maintains Rational at 'Reduce' - target 720 euros

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained Rational's "Reduce" rating with a price target of €720 following preliminary quarterly figures. The commercial kitchen equipment supplier slightly exceeded consensus expectations, wrote analyst Peter Rothenaicher in an assessment published Thursday. However, he considers the stock to be very highly valued despite the significant margin improvement./gl/edh

  Publication of the original study: February 6, 2025 / 8:26 a.m. / CET First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• February 6, 2025

  RBC maintains Rational's 'underperform' rating - target 600 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained Rational's "underperform" rating with a price target of €600 based on preliminary figures. Operating profit (EBIT) exceeded expectations, and the margin is at its highest level since the end of 2029, analyst Sebastian Kuenne wrote in a response released Thursday. He attested to the commercial kitchen equipment supplier's overall strong figures./gl/ag

  Publication of the original study: February 6, 2025 / 3:04 a.m. / EST. First distribution of the original study: February 6, 2025 / 3:04 a.m. / EST.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• February 6, 2025

  Warburg Research maintains Rational at 'Hold' - target 810 euros

  HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its rating for Rational at "Hold" with a price target of €810 following preliminary figures. The commercial kitchen equipment supplier recorded strong year-end results, analyst Christian Cohrs wrote in a report released Thursday. The targets for the past year were met or even exceeded. The figures underscored the company's solid growth./mf/mis

  Publication of the original study: February 6, 2025 / 8:15 a.m. / CET

  First distribution of the original study: Date not specified in the study / Time not specified in the study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 27, 2025

  Baader Bank maintains Rational at 'Reduce' - target 720 euros

  MUNICH (dpa-AFX Analyser) - Baader Bank has maintained its rating for Rational at "Reduce" with a price target of 720 euros ahead of preliminary annual figures. Following the professional kitchen equipment supplier's strong third-quarter figures, he sees good chances that consensus expectations will be fully met or even slightly exceeded, wrote analyst Peter Rothenaicher in a study released Monday./edh/mis

  Publication of the original study: January 27, 2025 / 12:33 / CET

  First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 21, 2025

  Deutsche Bank Research raises target for Rational - 'Hold'

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research raised its price target for Rational from €841 to €895, but maintained its "Hold" rating. The commercial kitchen equipment supplier is "as reliable as an ICombi," wrote analyst Lars Vom-Cleff in his outlook on the annual results published on Tuesday. ICombi is a combi-steamer from the manufacturer of commercial kitchen equipment./ag/bek

  Publication of the original study: January 21, 2025 / Time not specified in the study / CET

  First distribution of the original study: January 21, 2025 / 7:46 a.m. / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 9, 2025

  RBC maintains Rational's 'underperform' rating - target 600 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Rational at "underperform" with a price target of €600. The demand outlook for European capital goods companies appears more positive in 2025, analyst Mark Fielding wrote in a study released Friday. This underpins his expectation of accelerated organic sales growth in the sector. Furthermore, while the industry valuation is above the long-term average, this is due to a few individual factors. Around two-thirds of the companies he monitors are trading below the ten-year average in terms of price-earnings ratios./mis/zb

  Publication of the original study: January 9, 2025 / 5:44 PM / EST

  First distribution of the original study: January 10, 2025 / 12:45 AM / EST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• December 2, 2024

  Berenberg maintains Rational's 'Hold' rating - target 770 euros

  HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its rating for Rational at "Hold" with a price target of €770. The tone was reassuring, wrote analyst Fraser Donlon in his commentary released Tuesday after a meeting with the CFO at the Berenberg investor conference./ag/mne/

  Publication of the original study: December 2, 2024 / 10:32 a.m. / GMT

  First distribution of the original study: December 3, 2024 / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 29, 2024

  Warburg Research raises target for Rational to 810 euros - 'Hold'

  HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research raised its price target for Rational from €800 to €810 following the professional kitchen equipment supplier's Capital Markets Day, but maintained its "Hold" rating. The event confirmed his assessment of Rational as a high-quality, customer-focused company with a strong competitive position, wrote analyst Christian Cohrs in his commentary published Friday. The new price target reflects the shift in its valuation horizon from 2026 to 2027./edh/ag

  Publication of the original study: November 29, 2024 / 8:15 a.m. / CET

  First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 29, 2024

  Barclays raises target for Rational to 875 euros - 'Equal Weight'

  LONDON (dpa-AFX Analyst) - British investment bank Barclays raised its price target for Rational from €872 to €875, but maintained its rating at "Equal Weight." The new iHexagon was in focus, wrote analyst Timothy Lee in his commentary on the commercial kitchen equipment supplier's capital markets day on Friday. It will take time to gain traction. The company's outlook and strategy remain unchanged./ag/edh

  Publication of the original study: November 29, 2024 / 00:23 / GMT

  First distribution of the original study: November 29, 2024 / 04:00 / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 28, 2024

  UBS maintains Rational at 'Neutral' - Target 890 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Rational at "neutral" with a price target of €890. Analyst Olivier Calvet wrote on Thursday evening after the capital markets day that it was still too early to set medium-term targets for the new iHexagon commercial kitchen appliance. Rational is talking about a new product category as a hybrid of a combi steamer and a rapid oven. After a demonstration cooking session, Calvet saw clear customer advantages over the iCombi./ag/edh

  Publication of the original study: November 28, 2024 / 11:05 PM / GMT

  First distribution of the original study: November 29, 2024 / Time not specified in the study / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 25, 2024

  RBC maintains Rational's 'underperform' rating - target 600 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Rational at "underperform" with a price target of €600. The recent quarterly reporting season for the European capital goods industry was mixed, wrote analyst Mark Fielding in his summary published Tuesday. While approximately 48 percent of companies missed their forecasts, the results of approximately 40 percent were better than expected. He considers the shares of Siemens, Metso, Daimler Truck, SKF, IMI, Weir, and Bodycote attractive./edh/ag

  Publication of the original study: November 25, 2024 / 5:49 PM / EST

  First distribution of the original study: November 26, 2024 / 12:45 AM / EST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 8, 2024

  Berenberg maintains Rational's 'Hold' rating - target 770 euros

  HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its rating for Rational at "Hold" with a price target of €770. The professional kitchen equipment supplier's results were unexpectedly strong, wrote analyst Fraser Donlon on Friday evening. However, sales and the growth outlook were slightly disappointing./edh/ag

  Publication of the original study: November 8, 2024 / 5:51 PM / GMT

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 8, 2024

  Deutsche Bank Research raises Rational target to 841 euros - 'Hold'

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research raised its price target for Rational from €832 to €841, but maintained its "Hold" rating. The commercial kitchen equipment supplier has completed another quarter with a significant increase in its operating profit margin (EBIT), wrote analyst Lars Vom-Cleff in his commentary published Friday.

  Publication of the original study: November 8, 2024 / 8:30 a.m. / CET First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 7, 2024

  Barclays maintains Rational at 'Equal Weight' - target 872 euros

  LONDON (dpa-AFX Analyst) - British investment bank Barclays has maintained Rational's "Equal Weight" rating with a price target of €872. The share price weakness following the quarterly results shows that the commercial kitchen equipment supplier is too highly valued to defy the disappointing sales development and more cautious outlook, analyst Timothy Lee wrote Thursday evening. However, margins remained encouraging, and medium-term growth momentum remains intact./gl/ag

  Publication of the original study: November 7, 2024 / 7:54 PM / GMT. First distribution of the original study: November 8, 2024 / 4:00 AM / GMT.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 7, 2024

  RBC raises target for Rational to 600 euros - 'Underperform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC raised its price target for Rational from €590 to €600, but maintained its "underperform" rating. Analyst Sebastian Kuenne wrote Thursday evening that the company's third-quarter results were strong. However, the more cautious outlook is likely not limited to a slight setback in the fourth quarter, but will extend into 2025./ag/gl

  Publication of the original study: November 7, 2024 / 5:28 PM / EST. First distribution of the original study: November 8, 2024 / 12:45 AM / EST.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 7, 2024

  Baader Bank maintains Rational at 'Reduce' - target 720 euros

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its rating for Rational at "Reduce" after the company's earnings release, with a price target of €720. The commercial kitchen equipment manufacturer reported solid sales growth in the third quarter, and profitability remained strong, wrote analyst Peter Rothenaicher in a study released Thursday. However, the stock is very highly valued./ck/ajx

  Publication of the original study: November 7, 2024 / 8:22 a.m. / CET

  First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 7, 2024

  Bernstein maintains Rational's 'Outperform' rating - target 985 euros

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Rational at "Outperform" with a price target of €985. Operating profit exceeded expectations by three percent, analyst Philippe Lorrain wrote on Thursday morning after the quarterly report. The annual target is in line with the consensus./ag/mis

  Publication of the original study: November 7, 2024 / 7:12 a.m. / UTC

  First distribution of the original study: November 7, 2024 / 7:12 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 7, 2024

  RBC maintains Rational's 'Underperform' rating - target 590 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained Rational's "underperform" rating with a price target of €590 following its quarterly results. The commercial kitchen equipment supplier delivered a positive earnings surprise and forecast weaker growth for the final quarter, albeit with a high margin, analyst Sebastian Kuenne wrote in a study released Thursday./gl/men

  Publication of the original study: November 7, 2024 / 2:12 a.m. / EDT First distribution of the original study: November 7, 2024 / 2:12 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 7, 2024

  Warburg Research maintains Rational at 'Hold' - target 800 euros

  HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its rating for Rational at "Hold" with a price target of €800. The commercial kitchen equipment supplier is well on track to achieve its confirmed annual targets, analyst Christian Cohrs wrote on Thursday morning following solid quarterly results./ag/gl

  Publication of the original study: November 7, 2024 / 8:15 a.m. / CET First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 18, 2024

  Baader Bank maintains Rational at 'Reduce' - target 720 euros

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its rating for Rational at "Reduce" ahead of third-quarter results, with a price target of €720. The commercial kitchen equipment manufacturer is likely to have accelerated growth, according to analyst Peter Rothenaicher in a study published Friday. Furthermore, continued high profitability is likely./mis/la

  Publication of the original study: October 18, 2024 / 9:42 a.m. / CEST First distribution of the original study: Date not specified in study / Time not specified in study / CEST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 16, 2024

  Deutsche Bank raises target for Rational to 832 euros - 'Hold'

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has raised its price target for Rational from 805 to 832 euros ahead of quarterly figures and left the rating at "Hold". Due to positive volume effects and an improving input cost/selling price spread, the professional kitchen equipment supplier is likely to have achieved an 8 percent increase in sales and a 13 percent increase in earnings (EBIT), wrote analyst Lars Vom-Cleff in a study published Wednesday./edh/bek

  Publication of the original study: October 16, 2024 / Time not specified in study / CET

  First distribution of the original study: October 16, 2024 / 08:02 / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 14, 2024

  RBC raises target for Rational to 590 euros - 'Underperform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC raised its price target for Rational from €570 to €590, but maintained its rating at "underperform." The current year will be a real grind for industrial goods manufacturers, wrote analyst Mark Fielding in a sector report released Tuesday. It is characterized by weak demand, not least in end markets such as automotive and aerospace. Meanwhile, commercial kitchen equipment supplier Rational is likely to benefit from the North American sales market. However, Fielding believes the company will face increasing competition in the long term./bek/tav

  Publication of the original study: October 14, 2024 / 5:38 PM / EDT

  First distribution of the original study: October 15, 2024 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 8, 2024

  Bernstein maintains Rational's 'Outperform' rating - target 985 euros

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Rational at "Outperform" with a price target of €985. Analyst Nicholas Green examined emissions strategies in the European capital goods industry in an industry study released Tuesday. Due to inconsistent data, it's difficult to determine which stock is best suited for sustainability. ABB is performing best among the major sector leaders, followed by companies such as Siemens and Dürr. Unsurprisingly, Rational is lagging behind./tih/mis

  Publication of the original study: October 8, 2024 / 5:00 a.m. / UTC

  First distribution of the original study: October 8, 2024 / 5:00 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 4, 2024

  Bernstein raises target for Rational to 985 euros - 'Outperform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research raised its price target for Rational from €975 to €985 and maintained its "outperform" rating. Analyst Philippe Lorrain slightly raised his estimates for the manufacturer of commercial kitchen equipment. On Friday, he referred to the recently published final official signals before the quarterly report./ag/jha/

  Publication of the original study: October 4, 2024 / 5:43 a.m. / UTC

  First distribution of the original study: October 4, 2024 / 6:00 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 17, 2024

  RBC maintains Rational's 'Underperform' rating - target 570 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Rational at "underperform" with a price target of €570. Recent profit warnings from TT Electronics and Essentra indicate that business in the US and other regions is performing worse than expected, wrote analyst Mark Fielding in his industry commentary on the capital goods sector published Wednesday. This implies certain risks for the second half of the year. He is somewhat more relaxed about process-oriented companies in the oil and gas and raw materials sectors, but the mood is already somewhat more cautious for many short-cycle business models./tih/ag

  Publication of the original study: September 17, 2024 / 6:22 p.m. / EDT

  First distribution of the original study: September 18, 2024 / 12:45 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 12, 2024

  UBS launches Rational with 'Neutral' - Target 890 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has initiated its rating of Rational shares with a "neutral" rating, with a price target of €890. The price of the commercial kitchen equipment supplier's shares already reflects the best-case scenario, wrote analyst Olivier Calvet in his commentary published Friday. The balance between opportunities and risks is therefore fair despite strong growth and margin flexibility./ag/la

  Publication of the original study: September 12, 2024 / 3:32 p.m. / GMT

  First distribution of the original study: September 13, 2024 / Time not specified in the study / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 2, 2024

  RBC maintains Rational's 'Underperform' rating - target 570 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Rational at "underperform" with a price target of €570. Uncertainty about the economic cycle has dominated capital goods companies' outlook for the second half of the year, analyst Mark Fielding wrote in an industry report released Tuesday. He expects only moderate growth in the sector in the second half of the year, as demand is partially postponed until 2025. He is focusing on stocks with attractive valuations. These included Siemens, Metso, Daimler Truck, SKF, IMI, Weir, and TT Electronics./ajx/gl

  Publication of the original study: September 2, 2024 / 9:58 PM / EDT. First distribution of the original study: September 3, 2024 / 12:45 AM / EDT.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.