Aurubis (ETR:NDA) received a €40.00 ($46.51) price objective from investment analysts at Goldman Sachs Group in a note issued to investors on Thursday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective would indicate a potential upside of 4.99% from the company’s previous close.
A number of other brokerages also recently issued reports on NDA. Kepler Capital Markets set a €55.00 ($63.95) price target on Aurubis and gave the company a “buy” rating in a report on Thursday, February 14th. DZ Bank reaffirmed a “neutral” rating on shares of Aurubis in a report on Wednesday, February 13th. Warburg Research set a €77.70 ($90.35) price target on Aurubis and gave the company a “buy” rating in a report on Wednesday, February 13th. Nord/LB set a €53.00 ($61.63) price target on Aurubis and gave the company a “buy” rating in a report on Wednesday, February 13th. Finally, Baader Bank set a €63.00 ($73.26) price target on Aurubis and gave the company a “neutral” rating in a report on Wednesday, February 13th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of €52.00 ($60.47).
Shares of ETR:NDA opened at €38.10 ($44.30) on Thursday. The firm has a market cap of $1.85 billion and a PE ratio of 7.52. The company has a debt-to-equity ratio of 13.85, a quick ratio of 0.30 and a current ratio of 2.15. Aurubis has a 1 year low of €37.91 ($44.08) and a 1 year high of €71.26 ($82.86).
Aurubis AG provides non-ferrous metals worldwide. It processes complex metal concentrates, scrap metals, and metal-bearing recycling materials to produce metals. The company produces continuous cast, directly cast, and oxygen-free copper rods, as well as various drawn products; a range of materials in round and square cross-sections, and various dimensions under the AURUBIS SHAPES brand; and copper-based architectural products and services for the building and construction industry, such as flat copper sheets, as well as prefabricated systems for facades, roofs, and rainwater systems.
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