Baader Bank set a €63.00 ($73.26) target price on Aurubis (ETR:NDA) in a report released on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities research analysts have also recently commented on NDA. Warburg Research set a €77.70 ($90.35) price objective on Aurubis and gave the company a buy rating in a research note on Friday, April 26th. Morgan Stanley set a €47.00 ($54.65) price objective on Aurubis and gave the company a sell rating in a research note on Tuesday, March 26th. Goldman Sachs Group set a €50.00 ($58.14) price objective on Aurubis and gave the company a neutral rating in a research note on Friday, January 18th. Nord/LB set a €53.00 ($61.63) price objective on Aurubis and gave the company a buy rating in a research note on Wednesday, February 13th. Finally, Kepler Capital Markets set a €55.00 ($63.95) price objective on Aurubis and gave the company a buy rating in a research note on Monday, December 31st. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of €57.22 ($66.53).
Shares of Aurubis stock opened at €42.53 ($49.45) on Monday. The company has a quick ratio of 0.41, a current ratio of 2.65 and a debt-to-equity ratio of 11.43. Aurubis has a 52 week low of €41.84 ($48.65) and a 52 week high of €77.70 ($90.35). The company has a market capitalization of $1.91 billion and a price-to-earnings ratio of 11.70.
Aurubis Company Profile
Aurubis AG provides non-ferrous metals worldwide. It processes complex metal concentrates, scrap metals, and metal-bearing recycling materials to produce metals. The company produces continuous cast, directly cast, and oxygen-free copper rods, as well as various drawn products; a range of materials 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, as well as prefabricated systems for facades, roofs, and rainwater systems.
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