Aurubis AG (NDA) Receives Consensus Rating of “Hold” from Brokerages
Shares of Aurubis AG (ETR:NDA) have earned a consensus recommendation of “Hold” from the fourteen analysts that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is €65.54 ($76.21).
Several research firms have weighed in on NDA. Hauck & Aufhaeuser set a €82.00 ($95.35) price objective on Aurubis and gave the company a “buy” rating in a research report on Friday, November 2nd. Nord/LB set a €68.00 ($79.07) price target on Aurubis and gave the stock a “buy” rating in a research report on Tuesday, November 6th. Kepler Capital Markets set a €65.00 ($75.58) price target on Aurubis and gave the stock a “buy” rating in a research report on Monday, November 5th. Commerzbank set a €70.00 ($81.40) price objective on shares of Aurubis and gave the stock a “neutral” rating in a report on Friday, November 2nd. Finally, Independent Research set a €59.00 ($68.60) price objective on shares of Aurubis and gave the stock a “neutral” rating in a report on Friday, November 2nd.
Shares of ETR NDA traded up €0.18 ($0.21) during trading hours on Wednesday, hitting €45.95 ($53.43). The company’s stock had a trading volume of 122,547 shares, compared to its average volume of 324,299. Aurubis has a 12 month low of €56.64 ($65.86) and a 12 month high of €86.80 ($100.93).
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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