Aurubis (NDA) PT Set at €63.00 by Baader Bank

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Aurubis (ETR:NDA) received a €63.00 ($73.26) price target from investment analysts at Baader Bank in a research note issued on Tuesday. The firm presently has a “neutral” rating on the stock. Baader Bank’s target price indicates a potential upside of 40.22% from the stock’s current price.

Several other research firms have also recently issued reports on NDA. Kepler Capital Markets set a €65.00 ($75.58) target price on Aurubis and gave the stock a “buy” rating in a research report on Monday, November 5th. Goldman Sachs Group set a €53.00 ($61.63) target price on Aurubis and gave the stock a “neutral” rating in a research report on Tuesday, December 4th. Nord/LB set a €78.00 ($90.70) target price on Aurubis and gave the stock a “buy” rating in a research report on Monday, August 20th. Warburg Research set a €83.50 ($97.09) target price on Aurubis and gave the stock a “buy” rating in a research report on Friday, September 7th. Finally, DZ Bank reiterated a “buy” rating on shares of Aurubis in a research report on Thursday, November 1st. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. Aurubis presently has a consensus rating of “Hold” and an average target price of €66.82 ($77.70).

ETR:NDA opened at €44.93 ($52.24) on Tuesday. Aurubis has a 12-month low of €56.64 ($65.86) and a 12-month high of €86.80 ($100.93).

About Aurubis

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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