DZ Bank Reiterates “Buy” Rating for Aurubis (ETR:NDA)

DZ Bank reissued their buy rating on shares of Aurubis (ETR:NDA) in a research note released on Thursday, Borsen Zeitung reports.

Other equities research analysts have also issued research reports about the company. Baader Bank set a €63.00 ($73.26) price target on Aurubis and gave the company a neutral rating in a research report on Monday, April 29th. Nord/LB set a €42.50 ($49.42) target price on Aurubis and gave the stock a neutral rating in a research report on Monday, April 29th. Goldman Sachs Group set a €40.00 ($46.51) target price on Aurubis and gave the stock a neutral rating in a research report on Thursday, May 9th. Warburg Research set a €77.70 ($90.35) target price on Aurubis and gave the stock a buy rating in a research report on Wednesday, May 15th. Finally, Independent Research set a €44.00 ($51.16) target price on Aurubis and gave the stock a neutral rating in a research report on Thursday, May 23rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of €51.44 ($59.82).

NDA stock opened at €37.87 ($44.03) on Thursday. The company has a current ratio of 2.15, a quick ratio of 0.30 and a debt-to-equity ratio of 13.85. The stock has a market capitalization of $1.70 billion and a price-to-earnings ratio of 7.48. Aurubis has a 1 year low of €37.91 ($44.08) and a 1 year high of €71.26 ($82.86).

About Aurubis

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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Analyst Recommendations for Aurubis (ETR:NDA)

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