Aurubis AG (ETR:NDA) has been assigned a €59.00 ($69.41) price objective by equities research analysts at Morgan Stanley in a note issued to investors on Wednesday. The brokerage currently has a “sell” rating on the stock.
A number of other research analysts have also weighed in on the stock. Hauck & Aufhaeuser set a €83.00 ($97.65) price target on shares of Aurubis AG and gave the company a “buy” rating in a research note on Tuesday. Berenberg Bank set a €73.50 ($86.47) price target on shares of Aurubis AG and gave the company a “neutral” rating in a research note on Friday, October 20th. Bankhaus Lampe set a €59.00 ($69.41) price target on shares of Aurubis AG and gave the company a “sell” rating in a research note on Tuesday, September 26th. BNP Paribas set a €66.00 ($77.65) price target on shares of Aurubis AG and gave the company a “sell” rating in a research note on Thursday, September 21st. Finally, Baader Bank set a €74.00 ($87.06) price target on shares of Aurubis AG and gave the company a “neutral” rating in a research note on Thursday, September 21st. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of €69.91 ($82.25).
Aurubis AG (NDA) opened at 70.00 on Wednesday. The firm has a market cap of €3.14 billion and a price-to-earnings ratio of 9.39. The firm has a 50-day moving average of €70.66 and a 200 day moving average of €69.86. Aurubis AG has a 1-year low of €46.10 and a 1-year high of €78.65.
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About Aurubis AG
Aurubis AG engages in the copper concentrate processing, metal recycling, and copper product fabrication activities in Europe, Asia, the United States, and internationally. It operates in two segments, Primary Copper and Copper Products. The company procures and processes copper concentrates; produces and markets exchange-traded copper cathodes; and produces and markets sulfuric acid, iron silicate, precious metals, and specialty products.
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