Hauck & Aufhaeuser set a €250.00 ($290.70) price objective on MTU Aero Engines (ETR:MTX) in a research note released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities research analysts have also weighed in on the stock. Kepler Capital Markets set a €232.00 ($269.77) price objective on shares of MTU Aero Engines and gave the company a neutral rating in a report on Wednesday, October 2nd. Pareto Securities set a €185.00 ($215.12) price objective on shares of MTU Aero Engines and gave the company a neutral rating in a report on Thursday, July 25th. Independent Research set a €249.00 ($289.53) price objective on shares of MTU Aero Engines and gave the company a sell rating in a report on Thursday, September 5th. Berenberg Bank set a €245.00 ($284.88) price objective on shares of MTU Aero Engines and gave the company a neutral rating in a report on Friday, August 16th. Finally, Commerzbank set a €242.00 ($281.40) price objective on shares of MTU Aero Engines and gave the company a buy rating in a report on Thursday, July 25th. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the company’s stock. MTU Aero Engines presently has an average rating of Hold and an average target price of €217.47 ($252.88).
Shares of MTX stock opened at €241.90 ($281.28) on Tuesday. The business’s fifty day simple moving average is €243.24 and its 200-day simple moving average is €219.09. The company has a market cap of $12.49 billion and a PE ratio of 29.86. The company has a current ratio of 1.12, a quick ratio of 0.76 and a debt-to-equity ratio of 49.71. MTU Aero Engines has a 12-month low of €155.60 ($180.93) and a 12-month high of €257.20 ($299.07).
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, 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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