MTU Aero Engines (ETR:MTX) has been assigned a €128.00 ($148.84) target price by UBS Group in a research note issued on Wednesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price target would indicate a potential upside of 9.22% from the company’s previous close.
Several other analysts also recently commented on the company. Pareto Securities set a €112.00 ($130.23) price objective on MTU Aero Engines and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Morgan Stanley set a €122.00 ($141.86) target price on MTU Aero Engines and gave the stock a “sell” rating in a report on Monday. Nord/LB set a €120.00 ($139.53) target price on MTU Aero Engines and gave the stock a “neutral” rating in a report on Thursday, April 30th. JPMorgan Chase & Co. set a €83.00 ($96.51) target price on MTU Aero Engines and gave the stock a “sell” rating in a report on Thursday, April 30th. Finally, HSBC set a €175.00 ($203.49) target price on MTU Aero Engines and gave the stock a “buy” rating in a report on Monday, May 4th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of €151.20 ($175.81).
MTX stock opened at €117.20 ($136.28) on Wednesday. The business’s fifty day moving average is €122.60 and its 200-day moving average is €214.17. 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 cap of $6.05 billion and a P/E ratio of 14.52. MTU Aero Engines has a twelve month low of €97.76 ($113.67) and a twelve month high of €289.30 ($336.40).
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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