Aurubis AG (ETR:NDA) received a €49.00 ($57.65) price objective from stock analysts at Commerzbank Ag in a research report issued on Thursday. The firm currently has a “neutral” rating on the stock.
A number of other research analysts also recently commented on the company. DZ Bank AG reiterated a “buy” rating on shares of Aurubis AG in a report on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €52.00 ($61.18) price objective on Aurubis AG and gave the company a “sell” rating in a report on Wednesday, July 5th. Nord/LB set a €78.00 ($91.76) price objective on Aurubis AG and gave the company a “buy” rating in a report on Friday, June 30th. Independent Research GmbH set a €68.00 ($80.00) price objective on Aurubis AG and gave the company a “neutral” rating in a report on Saturday, May 20th. Finally, Macquarie set a €58.00 ($68.24) price objective on Aurubis AG and gave the company a “neutral” rating in a report on Monday, June 19th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of €68.42 ($80.49).
Shares of Aurubis AG (ETR:NDA) opened at 71.309 on Thursday. The stock’s 50 day moving average price is €71.74 and its 200-day moving average price is €64.19. Aurubis AG has a 52 week low of €46.10 and a 52 week high of €76.98. The stock has a market cap of €3.20 billion and a price-to-earnings ratio of 10.643.
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About Aurubis AG
Aurubis AG is a Germany-based company engaged in the production of primary copper and precious metals, the recycling of secondary raw materials and the processing of copper into final products. Its product portfolio comprises rod and specialty wire, such as cast rod, directly cast, oxygen-free copper rod and a variety of drawn products; shapes; industrial rolled products; architectural solutions for surfaces and facades; bars and profiles for the electro-technical industry; cathodes; precious metals, such as gold and silver, which are extracted from copper concentrates and secondary raw materials; sulfuric acid, iron silicate, selenium, and recycled copper, precious metal and other non-ferrous metal products.
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