Nord/LB set a €120.00 ($139.53) price target on MTU Aero Engines (ETR:MTX) in a research report sent to investors on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other brokerages also recently commented on MTX. Independent Research set a €141.00 ($163.95) target price on MTU Aero Engines and gave the stock a neutral rating in a research note on Wednesday, March 18th. Warburg Research set a €243.00 ($282.56) target price on MTU Aero Engines and gave the stock a neutral rating in a research note on Friday, February 21st. Barclays set a €184.00 ($213.95) target price on MTU Aero Engines and gave the stock a buy rating in a research note on Friday, March 13th. JPMorgan Chase & Co. set a €150.00 ($174.42) target price on MTU Aero Engines and gave the stock a neutral rating in a research note on Monday, March 16th. Finally, Goldman Sachs Group set a €249.00 ($289.53) target price on MTU Aero Engines and gave the stock a neutral rating in a research note on Thursday, March 5th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company’s stock. MTU Aero Engines currently has a consensus rating of Hold and an average target price of €201.88 ($234.74).
Shares of ETR MTX opened at €151.05 ($175.64) on Tuesday. 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 €165.90 ($192.91) and a 12 month high of €289.30 ($336.40). The stock has a 50 day moving average of €214.11 and a 200-day moving average of €242.29. The company has a market capitalization of $7.80 billion and a P/E 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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