Hauck & Aufhaeuser Reiterates “€88.00” Price Target for Aurubis (ETR:NDA)
Several other brokerages also recently weighed in on NDA. Berenberg Bank set a €78.00 ($90.70) target price on Aurubis and gave the stock a neutral rating in a research note on Tuesday, May 15th. Warburg Research set a €90.00 ($104.65) target price on Aurubis and gave the stock a buy rating in a research note on Tuesday, May 15th. Independent Research set a €79.00 ($91.86) target price on Aurubis and gave the stock a neutral rating in a research note on Friday, April 27th. Commerzbank set a €65.00 ($75.58) target price on Aurubis and gave the stock a sell rating in a research note on Friday, April 27th. Finally, DZ Bank reaffirmed a buy rating on shares of Aurubis in a research note on Friday, May 18th. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of €75.73 ($88.06).
Shares of Aurubis traded down €1.24 ($1.44), reaching €64.52 ($75.02), on Thursday, Marketbeat reports. 361,594 shares of the stock were exchanged, compared to its average volume of 324,299. Aurubis has a twelve month low of €56.64 ($65.86) and a twelve month high of €86.80 ($100.93).
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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