Aurubis (ETR:NDA) Given a €41.00 Price Target at Baader Bank
Baader Bank set a €41.00 ($47.67) target price on Aurubis (ETR:NDA) in a research report released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
NDA has been the subject of a number of other reports. Deutsche Bank set a €51.00 ($59.30) price objective on shares of Aurubis and gave the stock a neutral rating in a research report on Thursday, January 16th. Warburg Research set a €51.30 ($59.65) price objective on shares of Aurubis and gave the stock a buy rating in a research report on Wednesday, December 11th. Hauck & Aufhaeuser set a €51.00 ($59.30) price objective on shares of Aurubis and gave the stock a neutral rating in a research report on Thursday, November 21st. Independent Research set a €50.00 ($58.14) price objective on shares of Aurubis and gave the stock a neutral rating in a research report on Thursday, December 12th. Finally, DZ Bank reaffirmed a neutral rating on shares of Aurubis in a research report on Tuesday, December 17th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. The company has an average rating of Hold and an average target price of €46.78 ($54.39).
NDA stock traded up €1.36 ($1.58) during midday trading on Thursday, reaching €50.96 ($59.26). 295,568 shares of the company were exchanged, compared to its average volume of 324,299. The company has a debt-to-equity ratio of 11.67, a current ratio of 2.47 and a quick ratio of 0.62. The business has a 50-day moving average price of €52.85 and a two-hundred day moving average price of €45.63. Aurubis has a one year low of €34.97 ($40.66) and a one year high of €58.00 ($67.44). The firm has a market capitalization of $2.29 billion and a price-to-earnings ratio of 12.03.
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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