Aurubis (ETR:NDA) PT Set at €58.00 by Warburg Research
Warburg Research set a €58.00 ($65.17) price objective on Aurubis (ETR:NDA) in a research note released on Friday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other equities analysts have also commented on the company. DZ Bank reissued a neutral rating on shares of Aurubis in a research note on Friday, May 15th. Nord/LB set a €62.00 ($69.66) price objective on shares of Aurubis and gave the company a buy rating in a research report on Friday, July 3rd. Deutsche Bank set a €52.00 ($58.43) target price on shares of Aurubis and gave the company a neutral rating in a research report on Monday, May 18th. Baader Bank set a €60.00 ($67.42) price target on Aurubis and gave the stock a buy rating in a research report on Monday, June 29th. Finally, Morgan Stanley set a €50.00 ($56.18) price objective on Aurubis and gave the stock a neutral rating in a research note on Tuesday, June 23rd. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of €50.89 ($57.18).
Shares of NDA stock opened at €57.88 ($65.03) on Friday. The stock has a market cap of $2.57 billion and a P/E ratio of 28.17. The company’s fifty day simple moving average is €54.26 and its two-hundred day simple moving average is €48.63. The company has a quick ratio of 0.42, a current ratio of 2.34 and a debt-to-equity ratio of 6.92. Aurubis has a 52 week low of €30.05 ($33.76) and a 52 week high of €59.36 ($66.70).
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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