Baader Bank set a €41.00 ($47.67) price objective on Aurubis (ETR:NDA) in a research note published on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other brokerages have also recently weighed in on NDA. Goldman Sachs Group set a $13.00 price objective on Ford Motor and gave the company a buy rating in a research note on Thursday, June 13th. Nord/LB set a €42.50 ($49.42) price objective on Aurubis and gave the company a neutral rating in a research note on Wednesday, June 19th. Morgan Stanley set a €125.00 ($145.35) price objective on Siemens and gave the company a buy rating in a research note on Tuesday, June 25th. Kepler Capital Markets set a €29.00 ($33.72) price objective on GEA Group Aktiengesellschaft and gave the company a buy rating in a research note on Monday, June 3rd. Finally, Independent Research set a €47.00 ($54.65) price objective on Vonovia and gave the company a neutral rating in a research note on Thursday, June 13th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. Aurubis has an average rating of Hold and a consensus price target of €47.06 ($54.72).
Shares of ETR:NDA opened at €39.36 ($45.77) on Thursday. The company has a current ratio of 2.15, a quick ratio of 0.30 and a debt-to-equity ratio of 13.85. The company’s fifty day moving average is €40.87. Aurubis has a 1-year low of €36.10 ($41.98) and a 1-year high of €70.72 ($82.23). The company has a market cap of $1.77 billion and a PE ratio of 7.77.
Aurubis Company Profile
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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