Aurubis (ETR:NDA) has been given a €55.00 ($63.95) price objective by analysts at Hauck & Aufhaeuser in a note issued to investors on Thursday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price objective suggests a potential upside of 45.66% from the company’s previous close.
A number of other brokerages also recently issued reports on NDA. Goldman Sachs Group set a €50.00 ($58.14) price target on 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 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 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 Aurubis and gave the company a “neutral” rating in a report on Monday, April 29th. Finally, Independent Research set a €45.00 ($52.33) price target on Aurubis and gave the company a “neutral” rating in a report on Monday, April 29th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of €51.44 ($59.82).
Shares of NDA opened at €37.76 ($43.91) on Thursday. The company has a debt-to-equity ratio of 13.85, a current ratio of 2.15 and a quick ratio of 0.30. The company has a market capitalization of $1.70 billion and a P/E ratio of 7.46. Aurubis has a 52-week low of €37.91 ($44.08) and a 52-week high of €71.26 ($82.86).
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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