MTU Aero Engines AG (MTX) Given a €106.00 Price Target by Deutsche Bank AG Analysts
MTU Aero Engines AG (ETR:MTX) has been given a €106.00 ($126.19) target price by analysts at Deutsche Bank AG in a report released on Wednesday. The brokerage currently has a “neutral” rating on the stock.
A number of other research firms have also weighed in on MTX. Barclays PLC set a €138.00 ($164.29) target price on MTU Aero Engines AG and gave the stock a “buy” rating in a research note on Thursday, July 13th. HSBC Holdings plc set a €133.00 ($158.33) target price on MTU Aero Engines AG and gave the stock a “neutral” rating in a research note on Friday, June 30th. Nord/LB set a €145.00 ($172.62) target price on MTU Aero Engines AG and gave the stock a “buy” rating in a research note on Wednesday, June 28th. Warburg Research set a €124.50 ($148.21) target price on MTU Aero Engines AG and gave the stock a “neutral” rating in a research note on Monday, June 26th. Finally, equinet AG set a €135.00 ($160.71) target price on MTU Aero Engines AG and gave the stock a “buy” rating in a research note on Thursday, June 22nd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of €134.50 ($160.12).
Shares of MTU Aero Engines AG (ETR MTX) opened at 117.587 on Wednesday. The company has a 50-day moving average of €125.46 and a 200 day moving average of €123.53. The company has a market cap of €6.06 billion and a PE ratio of 17.457. MTU Aero Engines AG has a 12-month low of €88.41 and a 12-month high of €134.70.
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About MTU Aero Engines AG
MTU Aero Engines AG, together with its subsidiaries, designs, develops, manufactures, markets, and supports commercial and military engines, modules, and components in Germany, Europe, North America, Asia, and internationally. It operates through two segments, Original Equipment Manufacturing Business; and Maintenance, Repair and Overhaul Business.
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