Warburg Research Reiterates “€90.00” Price Target for Aurubis (NDA)

Aurubis (ETR:NDA) has been given a €90.00 ($111.11) target price by equities research analysts at Warburg Research in a note issued to investors on Wednesday, January 17th. The brokerage presently has a “buy” rating on the stock. Warburg Research’s price objective indicates a potential upside of 15.21% from the stock’s current price.

Several other analysts also recently commented on the stock. DZ Bank reissued a “neutral” rating on shares of Aurubis in a research report on Tuesday, January 16th. Morgan Stanley set a €64.00 ($79.01) target price on Aurubis and gave the stock a “sell” rating in a report on Thursday, January 11th. Hauck & Aufhaeuser set a €88.00 ($108.64) target price on Aurubis and gave the stock a “buy” rating in a report on Thursday, January 4th. Kepler Capital Markets set a €90.00 ($111.11) target price on Aurubis and gave the stock a “buy” rating in a report on Thursday, January 4th. Finally, Credit Suisse Group set a €72.16 ($89.09) target price on Aurubis and gave the stock a “neutral” rating in a report on Monday, January 1st. Six equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of €73.48 ($90.71).

Aurubis (ETR:NDA) traded up €0.80 ($0.99) during mid-day trading on Wednesday, reaching €78.12 ($96.44). 348,140 shares of the company’s stock traded hands, compared to its average volume of 205,178. The company has a market capitalization of $3,540.00 and a P/E ratio of 10.00. Aurubis has a 12 month low of €51.54 ($63.63) and a 12 month high of €86.80 ($107.16).

WARNING: This report was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this report on another publication, it was illegally copied and republished in violation of international trademark & copyright laws. The original version of this report can be viewed at https://ledgergazette.com/2018/02/11/warburg-research-analysts-give-aurubis-nda-a-90-00-price-target.html.

About Aurubis

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.

Analyst Recommendations for Aurubis (ETR:NDA)

Receive News & Ratings for Aurubis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aurubis and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply