Aurubis (ETR:NDA) has been given a €77.00 ($91.67) price target by research analysts at Independent Research in a research note issued to investors on Thursday. The firm presently has a “neutral” rating on the stock. Independent Research’s target price points to a potential upside of 7.06% from the company’s previous close.
NDA has been the topic of a number of other reports. BNP Paribas set a €66.00 ($78.57) price target on shares of Aurubis and gave the stock a “sell” rating in a research note on Thursday, September 21st. Hauck & Aufhaeuser set a €80.00 ($95.24) price target on shares of Aurubis and gave the stock a “neutral” rating in a research report on Thursday, September 14th. Baader Bank set a €74.00 ($88.10) price objective on shares of Aurubis and gave the stock a “neutral” rating in a research note on Thursday, November 30th. Commerzbank set a €65.00 ($77.38) price objective on shares of Aurubis and gave the stock a “sell” rating in a research note on Wednesday. Finally, Morgan Stanley set a €59.00 ($70.24) price objective on shares of Aurubis and gave the stock a “sell” rating in a research note on Wednesday, September 27th. Six equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of €71.81 ($85.49).
Aurubis (ETR NDA) traded up €2.29 ($2.73) during trading on Thursday, reaching €71.92 ($85.62). 395,062 shares of the company traded hands, compared to its average volume of 194,223. Aurubis has a 12-month low of €50.58 ($60.21) and a 12-month high of €79.29 ($94.39).
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.
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