November 30, 2016 - By Vivian Park
In a analysts report sent to investors on Wednesday morning, Hauck & Aufhäuser Privatbankiers KGaA has upped Aurubis (ETR:NDA) stock to a Buy and has set an estimated 12-month price target at EUR 62.00. Hauck & Aufhäuser Privatbankiers KGaA’s target is 23.98% from NDA’s last price.
Out of 17 analysts covering Aurubis (ETR:NDA), 9 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 53% are positive. €80 is the highest target while €40 is the lowest. The €55.10 average target is 10.33% above today’s (€49.94) stock price. Aurubis has been the topic of 66 analyst reports since June 30, 2015 according to StockzIntelligence Inc. The stock of Aurubis AG (ETR:NDA) has “Hold” rating given on Thursday, May 19 by Independent Research. The firm earned “Hold” rating on Friday, August 28 by Baader Wertpapierhandelsbank. The firm has “Buy” rating by Hauck & Aufhäuser Privatbankiers KGaA given on Wednesday, October 28. The stock has “Buy” rating given by Warburg Research on Friday, February 5. The rating was upgraded by Hauck & Aufh?user Privatbankiers KGaA on Tuesday, June 30 to “Buy”. Warburg Research upgraded Aurubis AG (ETR:NDA) on Friday, August 14 to “Buy” rating. The stock has “Hold” rating given by Hauck & Aufhäuser Privatbankiers KGaA on Saturday, December 12. The company was upgraded on Tuesday, December 15 by Kepler Cheuvreux. On Tuesday, February 9 the stock rating was maintained by Bankhaus Lampe with “Hold”. The firm earned “Buy” rating on Thursday, July 21 by Hauck & Aufhäuser Privatbankiers KGaA.
About 44,136 shares traded hands. Aurubis AG (ETR:NDA) has risen 10.76% since May 3, 2016 and is uptrending. It has outperformed by 5.53% the S&P500.
Aurubis AG is a Germany-based company engaged in the production of primary copper and precious metals, the recycling of secondary raw materials and the processing of copper into final products. The company has a market cap of 2.25 billion EUR. It operates through three business divisions: Primary Copper that unifies activities related to the production of marketable copper cathodes from the primary raw material, copper concentrates, as well as the production and marketing of sulfuric acid; Recycling/Precious Metals, engaged in the production of copper cathodes from a variety of recycled raw materials and such by-metals and co-products as gold, silver, platinum and tin, among others, and Copper Products that includes the provision of such copper products as cast wire rod from cathodes, strips, shaped wires and others. It has a 103.09 P/E ratio.
More notable recent Aurubis AG (ETR:NDA) news were published by: Bloomberg.com which released: “Aurubis Drops the Most in 17 Years as Sales Slump on Copper Rout” on December 11, 2015, also Reuters.com with their article: “New CEO of copper smelter Aurubis signals international moves” published on February 24, 2016, Bloomberg.com published: “Aurubis `Cautiously Optimistic’ on Copper Demand in Europe, U.S.” on April 04, 2016. More interesting news about Aurubis AG (ETR:NDA) were released by: Reuters.com and their article: “CEO of copper smelter Aurubis open to acquisitions: report” published on November 15, 2016 as well as Recyclingtoday.com‘s news article titled: “Aurubis CEO to step down” with publication date: September 26, 2014.
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By Vivian Park