Aurubis (NDA) Given a €74.00 Price Target at Baader Bank

Aurubis (ETR:NDA) received a €74.00 ($88.10) target price from Baader Bank in a research report issued to clients and investors on Thursday. The brokerage currently has a “neutral” rating on the stock. Baader Bank’s target price indicates a potential upside of 6.17% from the company’s previous close.

NDA has been the topic of a number of other reports. Macquarie set a €62.00 ($73.81) price target on shares of Aurubis and gave the stock a “sell” rating in a report on Wednesday, August 30th. Morgan Stanley set a €54.00 ($64.29) price target on shares of Aurubis and gave the stock a “sell” rating in a report on Tuesday, August 22nd. Berenberg Bank set a €73.50 ($87.50) price target on shares of Aurubis and gave the stock a “neutral” rating in a report on Wednesday, September 20th. BNP Paribas set a €66.00 ($78.57) price objective on shares of Aurubis and gave the stock a “sell” rating in a research note on Thursday, September 21st. Finally, DZ Bank reaffirmed a “neutral” rating on shares of Aurubis in a research note on Wednesday, November 8th. Six equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €70.98 ($84.50).

Aurubis (NDA) traded down €0.95 ($1.13) during midday trading on Thursday, hitting €69.70 ($82.98). 209,545 shares of the stock were exchanged, compared to its average volume of 208,168. Aurubis has a 12-month low of €49.49 ($58.92) and a 12-month high of €79.29 ($94.39).

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About Aurubis

Aurubis AG engages in the copper concentrate processing, metal recycling, and copper product fabrication activities in Europe, Asia, the United States, and internationally. It operates in two segments, Primary Copper and Copper Products. The company procures and processes copper concentrates; produces and markets exchange-traded copper cathodes; and produces and markets sulfuric acid, iron silicate, precious metals, and specialty products.

Analyst Recommendations for Aurubis (ETR:NDA)

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