HSBC set a €179.00 ($208.14) price objective on MTU Aero Engines (ETR:MTX) in a report issued on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities research analysts also recently issued research reports about the company. Barclays set a €184.00 ($213.95) price target on MTU Aero Engines and gave the company a buy rating in a research report on Friday, March 13th. Nord/LB set a €230.00 ($267.44) price objective on MTU Aero Engines and gave the company a neutral rating in a research note on Wednesday, February 26th. Hauck & Aufhaeuser set a €240.00 ($279.07) price objective on MTU Aero Engines and gave the company a neutral rating in a research note on Friday, February 28th. JPMorgan Chase & Co. set a €150.00 ($174.42) price objective on MTU Aero Engines and gave the company a neutral rating in a research note on Monday, March 16th. Finally, 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. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of €201.88 ($234.74).
ETR MTX opened at €151.05 ($175.64) on Tuesday. The stock’s 50-day simple moving average is €214.11 and its two-hundred day simple moving average is €242.29. MTU Aero Engines has a twelve month low of €165.90 ($192.91) and a twelve month high of €289.30 ($336.40). The company has a quick ratio of 0.76, a current ratio of 1.12 and a debt-to-equity ratio of 49.71. The company has a market capitalization of $7.80 billion and a price-to-earnings ratio of 18.65.
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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