Aurubis (ETR:NDA) has been given a €37.00 ($43.02) price objective by Goldman Sachs Group in a note issued to investors on Thursday, Borsen Zeitung reports. The firm currently has a “sell” rating on the stock. Goldman Sachs Group’s price target would indicate a potential downside of 11.97% from the company’s previous close.
Several other equities research analysts have also commented on NDA. DZ Bank reiterated a “buy” rating on shares of Aurubis in a research note on Friday, August 9th. Morgan Stanley set a €45.00 ($52.33) price objective on shares of Aurubis and gave the company a “neutral” rating in a research note on Tuesday, September 24th. Hauck & Aufhaeuser set a €56.00 ($65.12) price objective on shares of Aurubis and gave the company a “buy” rating in a research note on Thursday, July 4th. Nord/LB set a €40.00 ($46.51) price objective on shares of Aurubis and gave the company a “neutral” rating in a research note on Friday, August 23rd. Finally, Warburg Research set a €60.00 ($69.77) price objective on shares of Aurubis and gave the company a “buy” rating in a research note on Thursday, August 8th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of €46.60 ($54.19).
Shares of ETR:NDA opened at €42.03 ($48.87) on Thursday. The company’s fifty day moving average price is €41.31 and its 200 day moving average price is €41.60. Aurubis has a 12 month low of €34.97 ($40.66) and a 12 month high of €57.30 ($66.63). 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 firm has a market capitalization of $1.89 billion and a P/E ratio of 13.85.
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.
See Also: Index Funds
Receive News & Ratings for Aurubis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aurubis and related companies with MarketBeat.com's FREE daily email newsletter.