Aurubis AG (NDA) PT Set at €68.00 by Independent Research GmbH
Aurubis AG (ETR:NDA) has been assigned a €68.00 ($74.73) target price by stock analysts at Independent Research GmbH in a report issued on Saturday. The brokerage presently has a “neutral” rating on the stock.
Several other research firms have also issued reports on NDA. Nord/LB set a €78.00 ($85.71) price objective on Aurubis AG and gave the stock a “buy” rating in a research note on Saturday. Berenberg Bank set a €63.50 ($69.78) price objective on Aurubis AG and gave the stock a “neutral” rating in a research note on Saturday. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Aurubis AG has an average rating of “Buy” and a consensus target price of €70.88 ($77.88).
Shares of Aurubis AG (ETR:NDA) traded up 3.357% during trading on Friday, hitting €67.401. 301 shares of the stock were exchanged. The stock has a 50-day moving average of €63.89 and a 200 day moving average of €56.41. The stock has a market cap of €3.03 billion and a P/E ratio of 13.496. Aurubis AG has a 12-month low of €39.57 and a 12-month high of €67.50.
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Aurubis AG Company Profile
Aurubis AG is a Germany-based company engaged in the production of primary copper and precious metals, the recycling of secondary raw materials and the processing of copper into final products. Its product portfolio comprises rod and specialty wire, such as cast rod, directly cast, oxygen-free copper rod and a variety of drawn products; shapes; industrial rolled products; architectural solutions for surfaces and facades; bars and profiles for the electro-technical industry; cathodes; precious metals, such as gold and silver, which are extracted from copper concentrates and secondary raw materials; sulfuric acid, iron silicate, selenium, and recycled copper, precious metal and other non-ferrous metal products.
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