UBS Group Reiterates €126.00 Price Target for MTU Aero Engines (MTX)

MTU Aero Engines (ETR:MTX) has been given a €126.00 ($155.56) price target by equities research analysts at UBS Group in a research report issued to clients and investors on Wednesday, January 10th, www.boersen-zeitung.de reports. The firm currently has a “sell” rating on the stock. UBS Group’s price objective suggests a potential downside of 9.42% from the stock’s previous close.

A number of other research firms have also recently weighed in on MTX. Barclays set a €167.00 ($206.17) price target on MTU Aero Engines and gave the company a “buy” rating in a research note on Wednesday, January 10th. JPMorgan Chase & Co. set a €168.00 ($207.41) target price on MTU Aero Engines and gave the stock a “buy” rating in a research report on Thursday, January 4th. Goldman Sachs Group set a €140.00 ($172.84) target price on MTU Aero Engines and gave the stock a “neutral” rating in a research report on Wednesday, November 29th. Nord/LB set a €175.00 ($216.05) price target on MTU Aero Engines and gave the stock a “buy” rating in a report on Wednesday, December 20th. Finally, Kepler Capital Markets set a €147.00 ($181.48) price target on MTU Aero Engines and gave the stock a “neutral” rating in a report on Thursday, December 7th. Two analysts have 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. MTU Aero Engines has an average rating of “Hold” and a consensus target price of €149.79 ($184.93).

Shares of MTU Aero Engines (ETR MTX) traded down €2.50 ($3.09) during midday trading on Wednesday, hitting €139.10 ($171.73). The stock had a trading volume of 137,947 shares, compared to its average volume of 121,056. MTU Aero Engines has a twelve month low of €110.15 ($135.99) and a twelve month high of €156.80 ($193.58). The firm has a market capitalization of $7,230.00 and a PE ratio of 20.25.

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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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