MTU Aero Engines (MTX) Given a €167.00 Price Target at Barclays

MTU Aero Engines (ETR:MTX) received a €167.00 ($198.81) target price from stock analysts at Barclays in a note issued to investors on Wednesday, January 10th. The brokerage presently has a “buy” rating on the stock. Barclays’ price objective suggests a potential upside of 9.94% from the stock’s previous close.

A number of other research firms also recently issued reports on MTX. JPMorgan Chase & Co. set a €168.00 ($200.00) price objective on MTU Aero Engines and gave the stock a “buy” rating in a report on Thursday, January 4th. Goldman Sachs Group set a €140.00 ($166.67) price objective on MTU Aero Engines and gave the stock a “neutral” rating in a report on Wednesday, November 29th. Nord/LB set a €175.00 ($208.33) price objective on MTU Aero Engines and gave the stock a “buy” rating in a report on Wednesday, December 20th. Kepler Capital Markets set a €147.00 ($175.00) price objective on MTU Aero Engines and gave the stock a “neutral” rating in a report on Thursday, December 7th. Finally, Warburg Research set a €150.00 ($178.57) price objective on MTU Aero Engines and gave the stock a “neutral” rating in a report on Thursday, December 14th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of €150.33 ($178.97).

Shares of MTU Aero Engines (MTX) opened at €151.90 ($180.83) on Wednesday. The company has a market capitalization of $7,900.00 and a price-to-earnings ratio of 22.11. MTU Aero Engines has a 12-month low of €109.75 ($130.65) and a 12-month high of €156.30 ($186.07).

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MTU Aero Engines 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.

Analyst Recommendations for MTU Aero Engines (ETR:MTX)

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