MTU Aero Engines AG (MTX) Receives €180.67 Average Target Price from Brokerages

MTU Aero Engines AG (ETR:MTX) has received a consensus recommendation of “Hold” from the eighteen analysts that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is €183.72 ($213.63).

A number of brokerages recently issued reports on MTX. Deutsche Bank set a €160.00 ($186.05) price objective on MTU Aero Engines and gave the company a “neutral” rating in a research note on Friday, July 27th. equinet set a €155.00 ($180.23) price objective on MTU Aero Engines and gave the company a “sell” rating in a research note on Tuesday, October 16th. Independent Research set a €185.00 ($215.12) price objective on MTU Aero Engines and gave the company a “neutral” rating in a research note on Monday, July 30th. Barclays set a €191.00 ($222.09) price objective on MTU Aero Engines and gave the company a “buy” rating in a research note on Friday, July 27th. Finally, Nord/LB set a €205.00 ($238.37) price objective on MTU Aero Engines and gave the company a “buy” rating in a research note on Friday, October 26th.

Shares of MTU Aero Engines stock traded up €2.00 ($2.33) on Friday, hitting €180.80 ($210.23). The company had a trading volume of 71,522 shares, compared to its average volume of 178,994. MTU Aero Engines has a 52 week low of €114.75 ($133.43) and a 52 week high of €156.80 ($182.33).

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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Analyst Recommendations for MTU Aero Engines (ETR:MTX)

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