Baader Bank set a €41.00 ($47.67) price objective on Aurubis (ETR:NDA) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other analysts have also recently commented on the company. Independent Research set a €39.00 ($45.35) target price on Aurubis and gave the stock a neutral rating in a research report on Tuesday, August 13th. Warburg Research set a €51.30 ($59.65) target price on Aurubis and gave the stock a buy rating in a research report on Thursday, November 28th. Deutsche Bank set a €50.00 ($58.14) price target on Aurubis and gave the company a neutral rating in a research report on Thursday, October 31st. Hauck & Aufhaeuser set a €51.00 ($59.30) price target on Aurubis and gave the company a neutral rating in a research report on Thursday, November 21st. Finally, Nord/LB set a €40.00 ($46.51) price target on Aurubis and gave the company a neutral rating in a research report on Friday, August 23rd. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of €45.81 ($53.27).
NDA opened at €55.14 ($64.12) on Wednesday. The business’s 50-day simple moving average is €45.80 and its 200-day simple moving average is €41.72. The company has a debt-to-equity ratio of 14.02, a quick ratio of 0.30 and a current ratio of 2.25. Aurubis has a one year low of €34.97 ($40.66) and a one year high of €51.14 ($59.47). The stock has a market capitalization of $2.48 billion and a P/E ratio of 18.17.
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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