Aurubis AG (NDA) PT Set at €83.00 by Nord/LB
A number of other research analysts have also commented on the stock. Warburg Research set a €78.00 ($91.76) price objective on shares of Aurubis AG and gave the company a buy rating in a research note on Monday, May 29th. Macquarie set a €58.00 ($68.24) price objective on shares of Aurubis AG and gave the company a neutral rating in a research note on Monday, June 19th. DZ Bank AG restated a buy rating on shares of Aurubis AG in a research note on Saturday, May 20th. Deutsche Bank AG set a €61.00 ($71.76) price objective on shares of Aurubis AG and gave the company a neutral rating in a research note on Monday, May 22nd. Finally, Goldman Sachs Group, Inc. (The) set a €52.00 ($61.18) price objective on shares of Aurubis AG and gave the company a sell rating in a research note on Friday, August 11th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. Aurubis AG has an average rating of Hold and a consensus target price of €69.88 ($82.21).
Shares of Aurubis AG (ETR NDA) opened at 70.707 on Thursday. Aurubis AG has a 12-month low of €46.10 and a 12-month high of €76.98. The firm has a 50-day moving average of €72.09 and a 200 day moving average of €64.83. The stock has a market capitalization of €3.17 billion and a price-to-earnings ratio of 9.481.
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About Aurubis AG
Aurubis AG is a Germany-based company engaged in the production of primary copper and precious metals, the recycling of secondary raw materials and the processing of copper into final products. Its product portfolio comprises rod and specialty wire, such as cast rod, directly cast, oxygen-free copper rod and a variety of drawn products; shapes; industrial rolled products; architectural solutions for surfaces and facades; bars and profiles for the electro-technical industry; cathodes; precious metals, such as gold and silver, which are extracted from copper concentrates and secondary raw materials; sulfuric acid, iron silicate, selenium, and recycled copper, precious metal and other non-ferrous metal products.
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