Nord/LB set a €120.00 ($139.53) target price on MTU Aero Engines (ETR:MTX) in a report published on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research analysts also recently issued reports on MTX. Warburg Research set a €243.00 ($282.56) price objective on MTU Aero Engines and gave the company a neutral rating in a research note on Friday, February 21st. Berenberg Bank set a €190.00 ($220.93) price objective on MTU Aero Engines and gave the company a neutral rating in a research note on Tuesday, March 10th. Independent Research set a €141.00 ($163.95) price objective on MTU Aero Engines and gave the company a neutral rating in a research note on Wednesday, March 18th. Goldman Sachs Group set a €249.00 ($289.53) price objective on MTU Aero Engines and gave the company a neutral rating in a research note on Thursday, March 5th. Finally, Barclays set a €184.00 ($213.95) price objective on MTU Aero Engines and gave the company a buy rating in a research note on Friday, March 13th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the stock. MTU Aero Engines currently has an average rating of Hold and an average price target of €201.88 ($234.74).
ETR MTX opened at €151.05 ($175.64) on Tuesday. The business’s 50-day moving average price is €214.11 and its two-hundred day moving average price is €242.29. MTU Aero Engines has a 12 month low of €165.90 ($192.91) and a 12 month high of €289.30 ($336.40). The firm has a market capitalization of $7.80 billion and a PE ratio of 18.65. The company has a current ratio of 1.12, a quick ratio of 0.76 and a debt-to-equity ratio of 49.71.
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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