Aurubis Stock Holds Firm Despite Analyst Target Cut
Aurubis AG's stock has maintained its stability in late August 2026 after releasing its latest quarterly report. The company, a major copper recycler and smelter, saw analysts trim their price target from EUR 212 to EUR 211 while keeping a positive rating on the stock.
The analyst note dated August 28, 2026, reported Aurubis' share price at EUR 167.70, down by just 0.06 percent on the day. This indicates a largely stable reaction to the company's third-quarter earnings update.
Aurubis' earnings are heavily driven by treatment and refining charges, metal prices, and processing volumes. The modest adjustment in the target price suggests that the reported numbers were broadly in line with prior expectations.
The analyst expects an upside of EUR 43.30 from the current share price of EUR 167.70, implying a potential gain of around 25.8 percent if the target is reached.