Aurubis (NDA) Given a €74.00 Price Target by Baader Bank Analysts
Aurubis (ETR:NDA) received a €74.00 ($88.10) target price from research analysts at Baader Bank in a research report issued to clients and investors on Wednesday. The brokerage currently has a “neutral” rating on the stock. Baader Bank’s price target would suggest a potential upside of 2.20% from the stock’s current price.
Several other equities research analysts have also commented on the stock. Macquarie set a €62.00 ($73.81) price objective on shares of Aurubis and gave the stock a “sell” rating in a research note on Wednesday, August 30th. Commerzbank set a €65.00 ($77.38) price objective on shares of Aurubis and gave the stock a “sell” rating in a research note on Wednesday, November 15th. Morgan Stanley set a €54.00 ($64.29) price objective on shares of Aurubis and gave the stock a “sell” rating in a research note on Tuesday, August 22nd. Bankhaus Lampe set a €59.00 ($70.24) price objective on shares of Aurubis and gave the stock a “sell” rating in a research note on Tuesday, September 26th. Finally, DZ Bank reissued a “neutral” rating on shares of Aurubis in a research note on Wednesday, November 8th. Six investment analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of €71.81 ($85.49).
Shares of Aurubis (ETR:NDA) opened at €72.41 ($86.20) on Wednesday. Aurubis has a 52 week low of €50.58 ($60.21) and a 52 week high of €79.29 ($94.39).
Aurubis 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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