Independent Research set a €39.00 ($45.35) price target on Aurubis (ETR:NDA) in a research report report published on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities analysts also recently issued research reports about the stock. Hauck & Aufhaeuser set a €56.00 ($65.12) target price on shares of Aurubis and gave the company a buy rating in a research note on Thursday, July 4th. Goldman Sachs Group set a €35.00 ($40.70) target price on shares of Aurubis and gave the company a sell rating in a research note on Thursday, August 8th. Morgan Stanley set a €43.00 ($50.00) target price on shares of Aurubis and gave the company a neutral rating in a research note on Tuesday, June 25th. Baader Bank set a €41.00 ($47.67) target price on shares of Aurubis and gave the company a neutral rating in a research note on Thursday, July 18th. Finally, Warburg Research set a €60.00 ($69.77) target price on shares of Aurubis and gave the company a buy rating in a research note on Thursday, August 8th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. Aurubis currently has a consensus rating of Hold and a consensus target price of €47.35 ($55.06).
Shares of ETR NDA opened at €35.60 ($41.40) on Tuesday. Aurubis has a 1-year low of €35.61 ($41.41) and a 1-year high of €65.08 ($75.67). The business’s 50 day moving average is €40.06 and its 200-day moving average is €43.81. The firm has a market cap of $1.60 billion and a P/E ratio of 7.03. The company has a current ratio of 2.15, a quick ratio of 0.30 and a debt-to-equity ratio of 14.02.
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.
Featured Story: Put Option Volume
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.