Aurubis stock: Deutsche Bank cuts target from EUR 177 to EUR 169

Published on 10/21/2026 at 16:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deutsche Bank cuts its Aurubis target from EUR 177 to EUR 169. Aurubis stock costs EUR 141.15 on October 21, 2026 versus EUR 169.00.

Target and earnings picture

Deutsche Bank cut its Aurubis target from EUR 177.00 to EUR 169.00 on October 21, 2026.
IFRS earnings per share for the first nine months of fiscal year 2025/26 rose to EUR 21.85 from EUR 11.38.
Aurubis stock costs EUR 141.15 at Lang & Schwarz on October 21, 2026 at 4:30 p.m. CEST, 19.73 percent below the Deutsche Bank target of EUR 169.00.
Aurubis is scheduled to publish its fiscal year 2025/26 report on December 2, 2026.

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Aurubis (ISIN DE0006766504) faced a lower analyst valuation on October 21, 2026, as MarketScreener reported that Deutsche Bank cut its Aurubis target from EUR 177.00 to EUR 169.00 while maintaining a Neutral rating. The revised target remains 19.73 percent above the EUR 141.15 price. Aurubis was trading at EUR 141.15 at Lang & Schwarz on October 21, 2026 at 4:30 p.m. CEST.

Earnings provide the counterweight

The latest reported operating picture is stronger than the target revision alone suggests. For the first nine months of fiscal year 2025/26, IFRS earnings per share rose to EUR 21.85 from EUR 11.38 in the comparable period, according to FNE. That represents an increase of 92.11 percent and gives the business results a more concrete role in assessing the lower target.

The stock and target gap

The current euro quotation sits below the revised target by EUR 27.85, or 19.73 percent, using the same currency for both figures. The analyst decision therefore reduces the valuation ceiling without removing the numerical gap between the market price and Deutsche Bank's estimate.

Guidance and the next report

FNE reported that Aurubis was expecting operating earnings before taxes of EUR 425.00 million to EUR 525.00 million for fiscal year 2025/26. The same report put expected operating EBITDA at EUR 700.00 million to EUR 800.00 million. These are guidance ranges, not completed results, and the period ends with the annual report.

Aurubis is scheduled to publish its fiscal year 2025/26 report on December 2, 2026, according to FNE. The date gives investors the next fixed point for comparing the guidance range with the completed year.

What does the target imply?

The EUR 169.00 target implies that Deutsche Bank still assigns a measurable premium to the current quotation, even after the EUR 8.00 reduction. The next assessment will depend on whether Aurubis converts its EUR 425.00 million to EUR 525.00 million operating earnings before taxes guidance into reported fiscal-year results.

Price and analyst valuation

Aurubis stock was trading at EUR 141.15 at Lang & Schwarz on October 21, 2026 at 4:30 p.m. CEST. The price was 19.73 percent below the Deutsche Bank target of EUR 169.00.

The further course of trading is shown by the continuously updated real-time quote of Aurubis stock.