Aurubis (ETR:NDA) has been given a €39.00 ($45.35) price target by equities researchers at Independent Research in a note issued to investors on Thursday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Independent Research’s target price suggests a potential upside of 3.28% from the stock’s current price.
NDA has been the topic of a number of other reports. DZ Bank reissued a “neutral” rating on shares of Aurubis in a report on Wednesday, February 13th. Nord/LB set a €42.50 ($49.42) price target on shares of Aurubis and gave the stock a “neutral” rating in a report on Monday, April 29th. Warburg Research set a €69.50 ($80.81) price target on shares of Aurubis and gave the stock a “buy” rating in a report on Monday, May 27th. Goldman Sachs Group set a €40.00 ($46.51) price target on shares of Aurubis and gave the stock a “neutral” rating in a report on Thursday, May 9th. Finally, Kepler Capital Markets set a €45.00 ($52.33) price target on shares of Aurubis and gave the stock a “neutral” rating in a report on Monday, June 3rd. One analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of €51.44 ($59.82).
ETR NDA opened at €37.76 ($43.91) on Thursday. Aurubis has a 1 year low of €37.91 ($44.08) and a 1 year high of €71.26 ($82.86). The company has a debt-to-equity ratio of 13.85, a current ratio of 2.15 and a quick ratio of 0.30. The firm has a market capitalization of $1.70 billion and a PE ratio of 7.46.
Aurubis Company Profile
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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