J P Morgan Chase & Co set a €140.00 ($162.79) price objective on MTU Aero Engines AG (ETR:MTX) in a research report sent to investors on Thursday, October 26th. The brokerage currently has a neutral rating on the stock.
A number of other equities analysts have also issued reports on MTX. Kepler Capital Markets set a €145.00 ($168.60) target price on shares of MTU Aero Engines AG and gave the company a buy rating in a research report on Friday, October 6th. UBS AG set a €125.00 ($145.35) target price on shares of MTU Aero Engines AG and gave the company a neutral rating in a research report on Friday, July 28th. Berenberg Bank set a €130.00 ($151.16) target price on shares of MTU Aero Engines AG and gave the company a neutral rating in a research report on Tuesday, August 29th. equinet AG set a €137.00 ($159.30) target price on shares of MTU Aero Engines AG and gave the company a neutral rating in a research report on Monday, October 9th. Finally, HSBC Holdings plc set a €133.00 ($154.65) price objective on shares of MTU Aero Engines AG and gave the company a neutral rating in a research report on Friday, June 30th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of €143.29 ($166.62).
Shares of MTU Aero Engines AG (MTX) traded up €1.75 ($2.03) during trading hours on Thursday, hitting €144.65 ($168.20). 183,614 shares of the company’s stock were exchanged, compared to its average volume of 161,544. MTU Aero Engines AG has a 52 week low of €89.11 ($103.62) and a 52 week high of €148.04 ($172.14).
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MTU Aero Engines AG Company Profile
MTU Aero Engines AG, together with its subsidiaries, designs, develops, manufactures, markets, and supports commercial and military engines, modules, and components in Germany, Europe, North America, Asia, and internationally. It operates through two segments, Original Equipment Manufacturing Business; and Maintenance, Repair and Overhaul Business.
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