DZ Bank AG Reiterates “Buy” Rating for Aurubis AG (NDA)
Several other research analysts also recently commented on NDA. Nord/LB set a €78.00 ($85.71) price objective on Aurubis AG and gave the company 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 company a “neutral” rating in a research note on Saturday. Finally, Independent Research GmbH set a €68.00 ($74.73) price objective on Aurubis AG and gave the company a “neutral” rating in a research note on Saturday. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Aurubis AG currently has a consensus rating of “Buy” and an average price target of €70.88 ($77.88).
Aurubis AG (ETR:NDA) traded up 3.357% during midday trading on Friday, hitting €67.401. 301 shares of the stock traded hands. The firm has a market cap of €3.03 billion and a PE ratio of 13.496. The company’s 50 day moving average price is €63.89 and its 200 day moving average price is €56.41. 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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