Aurubis (NDA) Given a €63.00 Price Target at Baader Bank

Aurubis (NDA) Given a €63.00 Price Target at Baader Bank

Baader Bank set a €63.00 ($73.26) price target on Aurubis (ETR:NDA) in a report released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

NDA has been the subject of a number of other research reports. Morgan Stanley set a €47.00 ($54.65) target price on shares of Aurubis and gave the stock a sell rating in a research report on Tuesday, March 26th. Hauck & Aufhaeuser set a €57.00 ($66.28) target price on shares of Aurubis and gave the stock a buy rating in a research report on Monday, April 29th. Warburg Research set a €77.70 ($90.35) price target on Aurubis and gave the stock a buy rating in a report on Friday, April 26th. Goldman Sachs Group set a €50.00 ($58.14) price target on Aurubis and gave the stock a neutral rating in a report on Friday, March 1st. Finally, Nord/LB set a €53.00 ($61.63) price target on Aurubis and gave the stock a buy rating in a report on Wednesday, February 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. Aurubis currently has an average rating of Hold and a consensus price target of €54.36 ($63.20).

NDA traded up €0.46 ($0.53) on Wednesday, reaching €39.91 ($46.41). 135,484 shares of the company’s stock were exchanged, compared to its average volume of 324,299. The company has a market cap of $1.79 billion and a PE ratio of 10.98. Aurubis has a twelve month low of €39.16 ($45.53) and a twelve month high of €77.38 ($89.98). The company has a debt-to-equity ratio of 11.43, a quick ratio of 0.41 and a current ratio of 2.65.

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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