Kepler Capital Markets set a €232.00 ($269.77) price target on MTU Aero Engines (ETR:MTX) in a research report report published on Thursday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other analysts have also commented on MTX. Goldman Sachs Group set a €206.00 ($239.53) price objective on shares of MTU Aero Engines and gave the stock a neutral rating in a report on Friday, October 25th. Independent Research set a €234.00 ($272.09) price objective on shares of MTU Aero Engines and gave the stock a neutral rating in a report on Friday, October 25th. Pareto Securities set a €185.00 ($215.12) target price on shares of MTU Aero Engines and gave the company a neutral rating in a report on Thursday, July 25th. JPMorgan Chase & Co. set a €260.00 ($302.33) target price on shares of MTU Aero Engines and gave the company a buy rating in a report on Friday, October 25th. Finally, Morgan Stanley set a €165.00 ($191.86) target price on shares of MTU Aero Engines and gave the company a sell rating in a report on Friday, October 18th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the company. MTU Aero Engines currently has an average rating of Hold and a consensus price target of €223.75 ($260.17).
ETR MTX opened at €240.10 ($279.19) on Thursday. The company has a debt-to-equity ratio of 49.71, a current ratio of 1.12 and a quick ratio of 0.76. The stock has a market capitalization of $12.34 billion and a PE ratio of 29.64. MTU Aero Engines has a 1 year low of €155.60 ($180.93) and a 1 year high of €257.20 ($299.07). The business’s 50-day moving average is €240.22 and its 200 day moving average is €222.60.
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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