Hauck & Aufhaeuser set a €82.00 ($95.35) price objective on Aurubis (ETR:NDA) in a research report released on Friday morning. The firm currently has a buy rating on the stock.
A number of other research analysts also recently commented on the company. Nord/LB set a €78.00 ($90.70) price objective on Aurubis and gave the company a buy rating in a report on Monday, August 20th. Independent Research set a €63.00 ($73.26) price objective on Aurubis and gave the company a neutral rating in a report on Tuesday, September 11th. Goldman Sachs Group set a €61.00 ($70.93) price target on Aurubis and gave the stock a neutral rating in a research note on Monday, September 10th. Kepler Capital Markets set a €90.00 ($104.65) price target on Aurubis and gave the stock a buy rating in a research note on Friday, August 3rd. Finally, Baader Bank set a €74.00 ($86.05) price target on Aurubis and gave the stock a neutral rating in a research note on Thursday, August 9th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company. The stock currently has an average rating of Hold and an average price target of €72.54 ($84.34).
Shares of NDA traded up €1.42 ($1.65) during mid-day trading on Friday, reaching €54.46 ($63.33). The company’s stock had a trading volume of 287,567 shares, compared to its average volume of 324,299. Aurubis has a 12-month low of €56.64 ($65.86) and a 12-month high of €86.80 ($100.93).
Aurubis AG provides non-ferrous metals worldwide. It operates in two segments, Metal Refining & Processing and Flat Rolled Products. It produces continuous cast, directly cast, and oxygen-free copper rods, as well as various drawn products; shapes in round and square cross-sections, and various dimensions under the AURUBIS SHAPES brand; and copper-based architectural products and services for the building and construction industry, such as flat copper sheets, prefabricated systems for facades, roofs, and rainwater systems.
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