Independent Research Analysts Give Aurubis (NDA) a €44.00 Price Target

Aurubis (ETR:NDA) has been given a €44.00 ($51.16) target price by equities researchers at Independent Research in a research report issued on Thursday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Independent Research’s price objective points to a potential upside of 8.72% from the stock’s previous close.

Several other brokerages also recently issued reports on NDA. Goldman Sachs Group set a €50.00 ($58.14) price target on shares of Aurubis and gave the company a “neutral” rating in a report on Wednesday, February 13th. Kepler Capital Markets set a €55.00 ($63.95) price target on shares of Aurubis and gave the company a “buy” rating in a report on Thursday, February 14th. Nord/LB set a €53.00 ($61.63) price target on shares of Aurubis and gave the company a “buy” rating in a report on Wednesday, February 13th. Baader Bank set a €63.00 ($73.26) price target on shares of Aurubis and gave the company a “neutral” rating in a report on Monday, April 29th. Finally, Morgan Stanley set a €47.00 ($54.65) target price on shares of Aurubis and gave the stock a “sell” rating in a research note on Tuesday, March 26th. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of €53.33 ($62.02).

Shares of NDA stock opened at €40.47 ($47.06) on Thursday. Aurubis has a 12-month low of €37.97 ($44.15) and a 12-month high of €74.96 ($87.16). The stock has a market cap of $1.82 billion and a P/E ratio of 7.99. The company has a quick ratio of 0.30, a current ratio of 2.15 and a debt-to-equity ratio of 13.85.

About Aurubis

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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Analyst Recommendations for Aurubis (ETR:NDA)

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