Aurubis AG (NDA) Given a €54.00 Price Target by Morgan Stanley Analysts
Aurubis AG (ETR:NDA) has been assigned a €54.00 ($63.53) price objective by investment analysts at Morgan Stanley in a report released on Tuesday. The brokerage presently has a “sell” rating on the stock.
NDA has been the topic of a number of other reports. Hauck & Aufhaeuser set a €81.00 ($95.29) target price on shares of Aurubis AG and gave the stock a “buy” rating in a report on Thursday, June 29th. Nord/LB set a €78.00 ($91.76) target price on shares of Aurubis AG and gave the stock a “buy” rating in a report on Saturday, May 20th. DZ Bank AG restated a “neutral” rating on shares of Aurubis AG in a report on Tuesday, August 15th. Warburg Research set a €84.00 ($98.82) target price on shares of Aurubis AG and gave the stock a “buy” rating in a report on Thursday, August 10th. Finally, Goldman Sachs Group, Inc. (The) set a €52.00 ($61.18) target price on shares of Aurubis AG and gave the stock a “sell” rating in a report on Monday, July 24th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of €69.88 ($82.21).
Aurubis AG (NDA) traded up 1.468% during trading on Tuesday, hitting €75.572. 95 shares of the company traded hands. The firm has a 50 day moving average of €72.69 and a 200 day moving average of €65.49. The firm has a market cap of €3.39 billion and a P/E ratio of 10.133. Aurubis AG has a one year low of €46.10 and a one year high of €76.98.
Aurubis AG Company Profile
Aurubis AG engages in the copper concentrate processing, metal recycling, and copper product fabrication activities in Europe, Asia, the United States, and internationally. It operates in two segments, Primary Copper and Copper Products. The company procures and processes copper concentrates; produces and markets exchange-traded copper cathodes; and produces and markets sulfuric acid, iron silicate, precious metals, and specialty products.
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