Aurubis (ETR:NDA) Given a €60.00 Price Target at Warburg Research

Warburg Research set a €60.00 ($69.77) price objective on Aurubis (ETR:NDA) in a research report sent to investors on Wednesday, June 26th, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

NDA has been the topic of several other reports. Goldman Sachs Group set a $13.00 target price on Ford Motor and gave the company a buy rating in a report on Thursday, June 13th. DZ Bank reiterated a buy rating on shares of Aurubis in a report on Thursday, June 13th. Hauck & Aufhaeuser set a €40.00 ($46.51) price objective on 1&1 Drillisch and gave the stock a buy rating in a report on Thursday, June 13th. Independent Research set a €47.00 ($54.65) price objective on Vonovia and gave the stock a neutral rating in a report on Thursday, June 13th. Finally, Morgan Stanley set a €125.00 ($145.35) price objective on Siemens and gave the stock a buy rating in a report on Tuesday, June 25th. Seven investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of €47.61 ($55.36).

Shares of ETR:NDA traded down €0.86 ($1.00) during mid-day trading on Wednesday, hitting €39.58 ($46.02). 328,564 shares of the company traded hands, compared to its average volume of 324,299. The firm has a market capitalization of $1.78 billion and a price-to-earnings ratio of 7.82. The company has a debt-to-equity ratio of 13.85, a quick ratio of 0.30 and a current ratio of 2.15. Aurubis has a 52-week low of €36.10 ($41.98) and a 52-week high of €70.72 ($82.23). The stock’s 50 day moving average price is €40.88.

About Aurubis

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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Analyst Recommendations for Aurubis (ETR:NDA)

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