Warburg Research set a €171.00 ($198.84) target price on MTU Aero Engines (ETR:MTX) in a research note released on Thursday. The firm currently has a neutral rating on the stock.
Several other brokerages also recently weighed in on MTX. equinet set a €155.00 ($180.23) target price on MTU Aero Engines and gave the company a sell rating in a research note on Tuesday, October 16th. Nord/LB set a €205.00 ($238.37) target price on MTU Aero Engines and gave the company a buy rating in a research note on Friday, October 26th. Independent Research set a €201.00 ($233.72) target price on MTU Aero Engines and gave the company a neutral rating in a research note on Monday. Goldman Sachs Group set a €194.00 ($225.58) target price on MTU Aero Engines and gave the company a neutral rating in a research note on Wednesday, August 15th. Finally, Barclays set a €191.00 ($222.09) target price on MTU Aero Engines and gave the company a buy rating in a research note on Monday, September 24th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of €190.00 ($220.93).
ETR:MTX traded up €2.50 ($2.91) during mid-day trading on Thursday, reaching €168.80 ($196.28). 114,456 shares of the stock were exchanged, compared to its average volume of 178,994. MTU Aero Engines has a 1 year low of €114.75 ($133.43) and a 1 year high of €156.80 ($182.33).
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.
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