Rational is attractive for investors. Why Goldman Sachs becomes bullish on the quality stock and sees a target of 771 euros.
Reading Time: 2 minutes
Rational is the market leader in professional kitchen equipment with a 50% share. A total of 20 million professional kitchens, such as those in universities, schools, canteens, and hotels, are being targeted. With the iCombi, iVario, and recently the iHexagon, the position has been solidified. For instance, Rational addresses about 4.8 million kitchens with the iCombi, where market penetration is only 12%. 75% of kitchens still utilize traditional cooking equipment. The automation of kitchens creates potential savings in personnel, water, and resource...
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