MTU Aero Engines (MTX) Receives €148.57 Average PT from Brokerages

Shares of MTU Aero Engines (ETR:MTX) have been given a consensus recommendation of “Hold” by the twenty-one research firms that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is €148.57 ($176.87).

Several equities analysts have weighed in on the company. Morgan Stanley set a €140.00 ($166.67) price objective on MTU Aero Engines and gave the company a “sell” rating in a report on Thursday, February 1st. Deutsche Bank set a €132.00 ($157.14) price objective on MTU Aero Engines and gave the company a “neutral” rating in a research note on Thursday, February 22nd. JPMorgan Chase set a €168.00 ($200.00) price objective on MTU Aero Engines and gave the company a “buy” rating in a research note on Wednesday, February 14th. Goldman Sachs set a €138.00 ($164.29) price objective on MTU Aero Engines and gave the company a “neutral” rating in a research note on Tuesday, March 6th. Finally, Barclays set a €152.00 ($180.95) price objective on MTU Aero Engines and gave the company a “buy” rating in a research note on Monday, February 5th.

ETR MTX traded up €0.70 ($0.83) on Friday, hitting €152.30 ($181.31). 68,112 shares of the stock traded hands, compared to its average volume of 178,994. MTU Aero Engines has a 12 month low of €114.75 ($136.61) and a 12 month high of €156.80 ($186.67).

About MTU Aero Engines

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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