Rational stock: Deutsche Bank cuts target to EUR 736 for Rational stock

Published on 10/20/2026 at 17:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half organic sales rose 8.00 percent in 2026. Rational stock costs EUR 617.00 on October 20, 2026, up 0.08 percent versus the Xetra close.

Analyst target and earnings date

Deutsche Bank Research cut its target from EUR 756.00 to EUR 736.00 on October 20, 2026.
Rational reported 8.00 percent organic sales growth in the first half of 2026.
Rational stock costs EUR 617.00 at Lang & Schwarz on October 20, 2026 at 5:03 p.m. CEST, 0.08 percent above the Xetra close of October 19, 2026, and 20.54 percent below the 52-week high.
Rational is scheduled to release third-quarter 2026 earnings on November 5, 2026.

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Rational (ISIN DE0007010803) had its price target cut by Deutsche Bank Research from EUR 756.00 to EUR 736.00 while the bank kept its Hold rating on October 20, 2026, according to Goldesel. Rational stock was trading at EUR 617.00 at Lang & Schwarz on October 20, 2026 at 5:03 p.m. CEST, up 0.08 percent versus the Xetra close of October 19, 2026 at EUR 616.50.

Sales growth remains visible

Rational grew organic sales 8.00 percent in the first half of 2026, while the iCombi product group advanced 5.00 percent and iVario grew 14.00 percent, according to Aktienwelt360 in its October 1, 2026 analysis. The reported first-half operating margin was 26.50 percent, but a EUR 14.00 million US tariff refund lifted the result; the margin excluding that item was 24.30 percent.

Stock sits within its yearly range

The EUR 617.00 Lang & Schwarz price stood 11.47 percent above the 52-week low of EUR 553.50 and 20.54 percent below the 52-week high of EUR 776.50 as of October 20, 2026. Trading volume was 2,198 shares at 5:03 p.m. CEST.

Valuation meets a clear date

Rational had a price-to-earnings ratio of 26.46 and a market capitalization of EUR 7.0 billion on October 20, 2026. The next scheduled reporting date is November 5, 2026, when the company is listed to release third-quarter 2026 earnings, according to MarketScreener.

Bernstein Research kept its Outperform rating and EUR 1,070.00 target on October 2, 2026, while citing expected organic growth in the mid- to high-single-digit range and an operating margin of 25.00 percent to 26.00 percent, according to FinanzNachrichten. Deutsche Bank therefore leaves a lower target than Bernstein, but both notes place the company against a backdrop of continued margin discipline.

Peers show a weaker session

Rational: up 0.08 percent, price-to-earnings ratio 26.46, market capitalization EUR 7.0 billion, as of October 20, 2026. Epiroc (Nasdaq Stockholm, SEK): down 1.66 percent, price-to-earnings ratio 34.91, market capitalization SEK 308.9 billion, as of October 20, 2026. Atlas Copco (Nasdaq Stockholm, SEK): down 2.74 percent, price-to-earnings ratio 35.09, market capitalization SEK 934.5 billion, as of October 20, 2026.

What the lower target changes

The new EUR 736.00 target is 19.29 percent above Rational's EUR 617.00 Lang & Schwarz price on October 20, 2026 at 5:03 p.m. CEST. The next earnings release will provide the next dated test of sales growth and margin performance.

Rational stock was trading at EUR 617.00 at Lang & Schwarz on October 20, 2026 at 5:03 p.m. CEST, 0.08 percent above the Xetra close of October 19, 2026 at EUR 616.50. The further course of trading is shown by the continuously updated real-time quote of Rational stock.