Aurubis (ETR:NDA) Given a €37.00 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €37.00 ($43.02) target price on Aurubis (ETR:NDA) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

A number of other equities analysts also recently weighed in on NDA. Morgan Stanley set a €45.00 ($52.33) price target on shares of Aurubis and gave the stock a neutral rating in a report on Tuesday, September 24th. Baader Bank set a €41.00 ($47.67) price target on shares of Aurubis and gave the stock a neutral rating in a report on Friday, November 22nd. Kepler Capital Markets set a €36.00 ($41.86) price target on shares of Aurubis and gave the stock a sell rating in a report on Monday, November 25th. Deutsche Bank set a €50.00 ($58.14) price target on shares of Aurubis and gave the stock a neutral rating in a report on Thursday, October 31st. Finally, Nord/LB set a €40.00 ($46.51) price target on shares of Aurubis and gave the stock a neutral rating in a report on Friday, August 23rd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of €45.81 ($53.27).

Shares of ETR:NDA traded up €3.80 ($4.42) during midday trading on Wednesday, reaching €53.06 ($61.70). The company had a trading volume of 770,596 shares, compared to its average volume of 324,299. The company’s 50 day moving average price is €45.41 and its 200 day moving average price is €41.59. The company has a current ratio of 2.25, a quick ratio of 0.30 and a debt-to-equity ratio of 14.02. The stock has a market cap of $2.39 billion and a P/E ratio of 17.48. Aurubis has a 52-week low of €34.97 ($40.66) and a 52-week high of €51.14 ($59.47).

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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