HAMBURG (dpa-AFX Broker) - Hauck Aufhäuser Investment Banking has lowered the price target for Aurubis from 107 to 81 euros, but left the rating at "Buy". The smelting charges on the spot markets for copper have fallen sharply recently, analyst Cornelis Kik wrote in a study published on Tuesday. Although fluctuations in the first quarter of the year are not unusual, the extent of the decline is surprising in this case. However, prices should start to recover towards the end of the year./bek/la

Publication of the original study: 09.04.2024 / 07:38 / CEST

First dissemination of the original study: 09.04.2024 / 08:16 / CEST

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