JPMorgan Chase & Co. set a €168.00 ($207.41) price target on MTU Aero Engines (ETR:MTX) in a research note issued to investors on Monday. The firm currently has a buy rating on the stock.
Several other analysts also recently issued reports on the stock. HSBC set a €152.00 ($187.65) price target on shares of MTU Aero Engines and gave the company a neutral rating in a report on Thursday, December 14th. Nord/LB set a €175.00 ($216.05) price objective on shares of MTU Aero Engines and gave the company a buy rating in a research report on Tuesday, December 26th. Warburg Research set a €150.00 ($185.19) price objective on shares of MTU Aero Engines and gave the company a neutral rating in a research report on Thursday, December 14th. Commerzbank set a €170.00 ($209.88) price objective on shares of MTU Aero Engines and gave the company a buy rating in a research report on Wednesday, December 13th. Finally, Independent Research set a €147.00 ($181.48) price objective on shares of MTU Aero Engines and gave the company a neutral rating in a research report on Wednesday, December 13th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of €149.00 ($183.95).
Shares of MTU Aero Engines (ETR MTX) opened at €137.70 ($170.00) on Monday. MTU Aero Engines has a 52 week low of €112.05 ($138.33) and a 52 week high of €156.80 ($193.58). The company has a market cap of $7,230.00 and a price-to-earnings ratio of 20.04.
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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.
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