DZ Bank Reaffirms Neutral Rating for Aurubis (ETR:NDA)
DZ Bank restated their neutral rating on shares of Aurubis (ETR:NDA) in a report released on Tuesday, Borsen Zeitung reports.
Several other equities analysts also recently weighed in on the company. Deutsche Bank set a €53.00 ($62.35) price target on Aurubis and gave the stock a neutral rating in a research report on Wednesday, July 15th. Baader Bank set a €60.00 ($70.59) price target on Aurubis and gave the stock a buy rating in a research report on Tuesday. Warburg Research set a €58.00 ($68.24) price target on Aurubis and gave the stock a neutral rating in a research report on Tuesday. Independent Research set a €52.00 ($61.18) price target on Aurubis and gave the stock a neutral rating in a research report on Tuesday, May 19th. Finally, Morgan Stanley set a €50.00 ($58.82) price target on Aurubis and gave the stock a neutral rating in a research report on Tuesday, June 23rd. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. Aurubis presently has a consensus rating of Hold and a consensus target price of €51.22 ($60.26).
Shares of NDA stock opened at €60.64 ($71.34) on Tuesday. The stock has a fifty day moving average price of €57.67 and a 200 day moving average price of €49.33. The stock has a market cap of $2.69 billion and a PE ratio of 10.21. Aurubis has a 1 year low of €30.05 ($35.35) and a 1 year high of €61.20 ($72.00). The company has a debt-to-equity ratio of 20.92, a quick ratio of 0.47 and a current ratio of 2.41.
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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