Aurubis (NDA) Given a €40.00 Price Target by Goldman Sachs Group Analysts

Aurubis (ETR:NDA) has been assigned a €40.00 ($46.51) target price by equities research analysts at Goldman Sachs Group in a report released on Wednesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Goldman Sachs Group’s price target suggests a potential upside of 3.04% from the stock’s previous close.

NDA has been the subject of several other reports. Morgan Stanley set a €47.00 ($54.65) price objective on shares of Aurubis and gave the stock a “sell” rating in a research note on Tuesday, March 26th. Hauck & Aufhaeuser set a €57.00 ($66.28) price objective on shares of Aurubis and gave the stock a “buy” rating in a research note on Monday, April 29th. Warburg Research set a €77.70 ($90.35) price objective on shares of Aurubis and gave the stock a “buy” rating in a research note on Friday, April 26th. Kepler Capital Markets set a €55.00 ($63.95) price objective on shares of Aurubis and gave the stock a “buy” rating in a research note on Thursday, February 14th. Finally, Nord/LB set a €53.00 ($61.63) price objective on shares of Aurubis and gave the stock a “buy” rating in a research note on Wednesday, February 13th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. Aurubis presently has an average rating of “Hold” and an average target price of €56.72 ($65.95).

ETR:NDA opened at €38.82 ($45.14) on Wednesday. Aurubis has a 12 month low of €39.16 ($45.53) and a 12 month high of €77.38 ($89.98). The company has a debt-to-equity ratio of 11.43, a current ratio of 2.65 and a quick ratio of 0.41. The firm has a market cap of $1.78 billion and a PE ratio of 10.68.

About Aurubis

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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Analyst Recommendations for Aurubis (ETR:NDA)

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