Brokerages Issued Aurubis AG (NDA) Target Price at $74.04

Brokerages Issued Aurubis AG (NDA) Target Price at $74.04

Aurubis AG (ETR:NDA) has earned a consensus rating of “Hold” from the fifteen brokerages that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is €73.96 ($86.00).

Several research firms have recently commented on NDA. Goldman Sachs Group set a €60.00 ($69.77) price objective on shares of Aurubis and gave the stock a “neutral” rating in a research note on Friday. Independent Research set a €63.00 ($73.26) price objective on shares of Aurubis and gave the stock a “neutral” rating in a research note on Tuesday, September 11th. Warburg Research set a €83.50 ($97.09) price objective on shares of Aurubis and gave the stock a “buy” rating in a research note on Friday, September 7th. DZ Bank reiterated a “buy” rating on shares of Aurubis in a research note on Thursday, September 6th. Finally, Nord/LB set a €78.00 ($90.70) price objective on shares of Aurubis and gave the stock a “buy” rating in a research note on Monday, August 20th.

ETR NDA traded up €0.48 ($0.56) on Thursday, hitting €56.30 ($65.47). The stock had a trading volume of 181,394 shares, compared to its average volume of 324,299. Aurubis has a 52-week low of €56.64 ($65.86) and a 52-week high of €86.80 ($100.93).

Aurubis Company Profile

Aurubis AG provides non-ferrous metals worldwide. It operates in two segments, Metal Refining & Processing and Flat Rolled Products. It produces continuous cast, directly cast, and oxygen-free copper rods, as well as various drawn products; shapes 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, prefabricated systems for facades, roofs, and rainwater systems.

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