Baader Bank set a €63.00 ($73.26) price objective on Aurubis (ETR:NDA) in a research report sent to investors on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities analysts have also recently issued reports about the company. Hauck & Aufhaeuser set a €57.00 ($66.28) target price on Aurubis and gave the stock a buy rating in a research report on Monday, April 29th. Warburg Research set a €77.70 ($90.35) target price on Aurubis and gave the stock a buy rating in a research report on Friday, April 26th. Nord/LB set a €53.00 ($61.63) target price on Aurubis and gave the stock a buy rating in a research report on Wednesday, February 13th. Kepler Capital Markets set a €55.00 ($63.95) target price on Aurubis and gave the stock a buy rating in a research report on Thursday, February 14th. Finally, DZ Bank restated a buy rating on shares of Aurubis in a research report on Thursday, May 16th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of €51.44 ($59.82).
Aurubis stock opened at €37.76 ($43.91) on Thursday. Aurubis has a 52 week low of €37.91 ($44.08) and a 52 week high of €71.26 ($82.86). 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 stock has a market cap of $1.70 billion and a P/E ratio of 7.46.
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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