Warburg Research set a €60.40 ($71.06) price target on Aurubis AG (NDA.F) (ETR:NDA) in a research report released on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other analysts have also recently issued reports about the company. Morgan Stanley set a €58.00 ($68.24) price objective on Aurubis AG (NDA.F) and gave the stock a neutral rating in a research report on Thursday, September 24th. Baader Bank set a €60.00 ($70.59) price target on Aurubis AG (NDA.F) and gave the company a buy rating in a report on Thursday, September 24th. Deutsche Bank Aktiengesellschaft set a €55.00 ($64.71) price target on Aurubis AG (NDA.F) and gave the company a neutral rating in a report on Wednesday, August 12th. DZ Bank reissued a neutral rating on shares of Aurubis AG (NDA.F) in a report on Tuesday. Finally, Nord/LB set a €62.00 ($72.94) price target on Aurubis AG (NDA.F) and gave the company a neutral rating in a report on Tuesday, August 25th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of €54.04 ($63.58).
Aurubis AG (NDA.F) stock opened at €60.44 ($71.11) on Friday. Aurubis AG has a twelve month low of €30.05 ($35.35) and a twelve month high of €62.90 ($74.00). The stock has a 50 day moving average of €59.60 and a two-hundred day moving average of €53.83. The company has a current ratio of 2.41, a quick ratio of 0.47 and a debt-to-equity ratio of 20.92. The stock has a market capitalization of $2.67 billion and a price-to-earnings ratio of 9.92.
About Aurubis AG (NDA.F)
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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