MTU Aero Engines (MTX) Given a €181.00 Price Target by Goldman Sachs Group Analysts

MTU Aero Engines (ETR:MTX) received a €181.00 ($210.47) price target from stock analysts at Goldman Sachs Group in a report released on Friday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective indicates a potential downside of 9.73% from the company’s previous close.

A number of other research firms have also weighed in on MTX. Hauck & Aufhaeuser set a €218.00 ($253.49) price target on shares of MTU Aero Engines and gave the stock a “buy” rating in a research report on Tuesday, April 30th. JPMorgan Chase & Co. set a €215.00 ($250.00) price target on shares of MTU Aero Engines and gave the stock a “buy” rating in a research report on Tuesday, April 30th. UBS Group set a €195.00 ($226.74) price target on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research report on Tuesday, April 30th. Warburg Research set a €190.00 ($220.93) target price on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research report on Thursday, May 2nd. Finally, Berenberg Bank set a €232.00 ($269.77) target price on shares of MTU Aero Engines and gave the stock a “buy” rating in a research report on Friday, May 3rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company’s stock. MTU Aero Engines presently has an average rating of “Hold” and a consensus price target of €204.00 ($237.21).

MTX opened at €200.50 ($233.14) on Friday. The company has a market capitalization of $10.35 billion and a price-to-earnings ratio of 24.75. MTU Aero Engines has a 1-year low of €150.60 ($175.12) and a 1-year high of €211.30 ($245.70). The company has a debt-to-equity ratio of 49.71, a current ratio of 1.12 and a quick ratio of 0.76.

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, other European countries, North America, Asia, and internationally. It operates through two segments, Commercial and Military Engine Business; and Commercial Maintenance Business.

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Analyst Recommendations for MTU Aero Engines (ETR:MTX)

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