Nord/LB Analysts Give Aurubis AG (NDA) a €78.00 Price Target
Aurubis AG (ETR:NDA) has been assigned a €78.00 ($87.64) price objective by equities research analysts at Nord/LB in a research note issued on Friday. The firm presently has a “buy” rating on the stock.
A number of other equities analysts also recently commented on the stock. DZ Bank AG reaffirmed a “buy” rating on shares of Aurubis AG in a report on Saturday, May 20th. Independent Research GmbH set a €68.00 ($76.40) price objective on shares of Aurubis AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €51.00 ($57.30) price objective on shares of Aurubis AG and gave the stock a “sell” rating in a report on Saturday, May 20th. Berenberg Bank set a €63.50 ($71.35) price objective on shares of Aurubis AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. Finally, Commerzbank Ag set a €49.00 ($55.06) price objective on shares of Aurubis AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of €68.18 ($76.61).
Aurubis AG (NDA) traded down 0.21% during trading on Friday, reaching €68.70. 652 shares of the company’s stock were exchanged. The company has a market capitalization of €3.09 billion and a PE ratio of 10.25. Aurubis AG has a 1-year low of €39.57 and a 1-year high of €73.50. The company’s 50-day moving average is €68.86 and its 200-day moving average is €60.49.
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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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