Aurubis AG (NDA) Given a €58.00 Price Target at Macquarie
Aurubis AG (ETR:NDA) has been assigned a €58.00 ($65.17) price objective by Macquarie in a research note issued to investors on Monday. The brokerage presently has a “neutral” rating on the stock.
NDA has been the subject of several other research reports. Berenberg Bank set a €62.00 ($69.66) price objective on Aurubis AG and gave the company a “neutral” rating in a research note on Monday, May 29th. Baader Bank set a €70.00 ($78.65) price objective on Aurubis AG and gave the company a “buy” rating in a research note on Saturday, May 20th. Commerzbank Ag set a €49.00 ($55.06) price objective on Aurubis AG and gave the company a “neutral” rating in a research note on Monday, May 29th. Nord/LB set a €78.00 ($87.64) price objective on Aurubis AG and gave the company a “buy” rating in a research note on Saturday, May 20th. Finally, Deutsche Bank AG set a €61.00 ($68.54) price objective on Aurubis AG and gave the company a “neutral” rating in a research note on Monday, May 22nd. One analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of €64.90 ($72.92).
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About Aurubis AG
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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