Aurubis (ETR:NDA) Given a €52.00 Price Target at Deutsche Bank
Aurubis (ETR:NDA) has been assigned a €52.00 ($60.47) target price by stock analysts at Deutsche Bank in a report released on Friday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Deutsche Bank’s price target points to a potential upside of 2.36% from the company’s previous close.
A number of other analysts have also weighed in on NDA. DZ Bank reissued a “neutral” rating on shares of Aurubis in a report on Tuesday, December 17th. Hauck & Aufhaeuser set a €51.00 ($59.30) price objective on shares of Aurubis and gave the company a “neutral” rating in a research note on Thursday, November 21st. Warburg Research set a €59.00 ($68.60) price objective on shares of Aurubis and gave the company a “buy” rating in a research note on Thursday. Goldman Sachs Group set a €37.00 ($43.02) price objective on shares of Aurubis and gave the company a “sell” rating in a research note on Wednesday, December 11th. Finally, Kepler Capital Markets set a €36.00 ($41.86) price objective on shares of Aurubis and gave the company a “sell” rating in a research note on Monday, November 25th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of €46.78 ($54.39).
Shares of Aurubis stock opened at €50.80 ($59.07) on Friday. 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 firm has a market cap of $2.23 billion and a P/E ratio of 11.99. The firm has a 50 day simple moving average of €52.85 and a 200 day simple moving average of €45.63. Aurubis has a fifty-two week low of €34.97 ($40.66) and a fifty-two week high of €58.00 ($67.44).
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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