Aurubis (ETR:NDA) has been given a €40.00 ($46.51) price objective by equities research analysts at Nord/LB in a research report issued on Friday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Nord/LB’s price objective indicates a potential upside of 4.38% from the stock’s previous close.
A number of other equities analysts have also issued reports on NDA. Morgan Stanley set a €43.00 ($50.00) target price on shares of Aurubis and gave the stock a “neutral” rating in a research report on Tuesday, June 25th. DZ Bank restated a “buy” rating on shares of Aurubis in a research report on Friday, August 9th. Goldman Sachs Group set a €35.00 ($40.70) target price on shares of Aurubis and gave the stock a “sell” rating in a research report on Thursday, August 8th. Baader Bank set a €41.00 ($47.67) target price on shares of Aurubis and gave the stock a “neutral” rating in a research report on Thursday, July 18th. Finally, Kepler Capital Markets set a €45.00 ($52.33) target price on shares of Aurubis and gave the stock a “neutral” rating in a research report on Monday, June 3rd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of €47.10 ($54.77).
Shares of NDA traded up €0.10 ($0.12) during mid-day trading on Friday, reaching €38.32 ($44.56). 96,540 shares of the company’s stock were exchanged, compared to its average volume of 324,299. The company has a debt-to-equity ratio of 14.02, a current ratio of 2.25 and a quick ratio of 0.30. The stock has a market capitalization of $1.71 billion and a PE ratio of 12.63. The business’s fifty day simple moving average is €39.26 and its 200-day simple moving average is €43.50. Aurubis has a 52-week low of €34.97 ($40.66) and a 52-week high of €65.08 ($75.67).
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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