A number of other research analysts have also recently weighed in on the company. Independent Research set a €77.00 ($95.06) price target on Aurubis and gave the company a neutral rating in a research report on Wednesday. Berenberg Bank set a €76.00 ($93.83) price target on Aurubis and gave the company a neutral rating in a research report on Wednesday. Goldman Sachs Group set a €57.00 ($70.37) price target on Aurubis and gave the company a sell rating in a research report on Wednesday. DZ Bank restated a neutral rating on shares of Aurubis in a research report on Tuesday. Finally, Morgan Stanley set a €64.00 ($79.01) price target on Aurubis and gave the company a sell rating in a research report on Tuesday. Six analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of €73.48 ($90.71).
Aurubis (ETR:NDA) opened at €74.84 ($92.40) on Wednesday. Aurubis has a 52-week low of €52.51 ($64.83) and a 52-week high of €86.80 ($107.16). The firm has a market capitalization of $3,360.00 and a price-to-earnings ratio of 8.35.
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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