Aurubis (ETR:NDA) Given a €39.00 Price Target at Independent Research

Independent Research set a €39.00 ($45.35) price objective on Aurubis (ETR:NDA) in a report published on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other brokerages also recently commented on NDA. Baader Bank set a €41.00 ($47.67) price objective on shares of Aurubis and gave the company a neutral rating in a research report on Thursday, July 18th. DZ Bank restated a buy rating on shares of Aurubis in a research report on Friday, August 9th. Morgan Stanley set a €43.00 ($50.00) price objective on shares of Aurubis and gave the company a neutral rating in a research report on Tuesday, June 25th. Hauck & Aufhaeuser set a €56.00 ($65.12) price objective on shares of Aurubis and gave the company a buy rating in a research report on Thursday, July 4th. Finally, Deutsche Bank set a €50.00 ($58.14) price objective on shares of Aurubis and gave the company a neutral rating in a research report on Friday, August 9th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. The company has an average rating of Hold and an average price target of €47.35 ($55.06).

Shares of Aurubis stock opened at €35.60 ($41.40) on Tuesday. The company’s fifty day simple moving average is €40.06 and its 200-day simple moving average is €43.81. The stock has a market capitalization of $1.60 billion and a PE ratio of 7.03. Aurubis has a 1-year low of €35.61 ($41.41) and a 1-year high of €65.08 ($75.67). The company has a debt-to-equity ratio of 14.02, a current ratio of 2.15 and a quick ratio of 0.30.

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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