Aurubis (ETR:NDA) received a €74.00 ($88.10) target price from investment analysts at Baader Bank in a report issued on Thursday. The brokerage presently has a “neutral” rating on the stock. Baader Bank’s target price would indicate a potential upside of 5.35% from the stock’s previous close.
Other equities analysts also recently issued research reports about the company. Kepler Capital Markets set a €90.00 ($107.14) price objective on Aurubis and gave the stock a “buy” rating in a report on Tuesday. Commerzbank set a €65.00 ($77.38) price objective on Aurubis and gave the company a “sell” rating in a research report on Wednesday, November 15th. DZ Bank reaffirmed a “neutral” rating on shares of Aurubis in a research report on Wednesday, November 8th. Morgan Stanley set a €59.00 ($70.24) target price on Aurubis and gave the stock a “sell” rating in a research report on Wednesday, October 25th. Finally, Hauck & Aufhaeuser set a €83.00 ($98.81) target price on Aurubis and gave the stock a “buy” rating in a research report on Tuesday, October 24th. Six analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of €70.98 ($84.50).
Aurubis (ETR:NDA) opened at €70.06 ($83.40) on Thursday. Aurubis has a 12-month low of €50.50 ($60.12) and a 12-month high of €79.29 ($94.39).
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Aurubis AG engages in the copper concentrate processing, metal recycling, and copper product fabrication activities in Europe, Asia, the United States, and internationally. It operates in two segments, Primary Copper and Copper Products. The company procures and processes copper concentrates; produces and markets exchange-traded copper cathodes; and produces and markets sulfuric acid, iron silicate, precious metals, and specialty products.
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