MTU Aero Engines AG (MTX) PT Set at €126.00 by Bank of America Corporation
Bank of America Corporation set a €126.00 ($150.00) price objective on MTU Aero Engines AG (ETR:MTX) in a research note published on Friday morning. The firm currently has a neutral rating on the stock.
Other equities analysts also recently issued reports about the stock. Deutsche Bank AG set a €105.00 ($125.00) target price on shares of MTU Aero Engines AG and gave the stock a neutral rating in a research note on Saturday, May 20th. J P Morgan Chase & Co set a €140.00 ($166.67) target price on shares of MTU Aero Engines AG and gave the stock a neutral rating in a research note on Thursday, June 22nd. UBS Group AG set a €125.00 ($148.81) target price on shares of MTU Aero Engines AG and gave the stock a neutral rating in a research note on Tuesday, June 6th. Hauck & Aufhaeuser set a €155.00 ($184.52) price target on shares of MTU Aero Engines AG and gave the stock a buy rating in a research note on Friday, July 28th. Finally, Warburg Research set a €124.50 ($148.21) price target on shares of MTU Aero Engines AG and gave the stock a neutral rating in a research note on Tuesday, May 23rd. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of Hold and an average target price of €133.76 ($159.24).
MTU Aero Engines AG (ETR:MTX) opened at 118.855 on Friday. MTU Aero Engines AG has a 1-year low of €88.41 and a 1-year high of €134.70. The firm has a market cap of €6.12 billion and a price-to-earnings ratio of 17.645. The company’s 50 day moving average is €123.58 and its 200-day moving average is €123.83.
COPYRIGHT VIOLATION NOTICE: This piece of content was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece of content on another publication, it was stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/09/05/mtu-aero-engines-ag-mtx-pt-set-at-126-00-by-bank-of-america-corporation.html.
MTU Aero Engines AG 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, Europe, North America, Asia, and internationally. It operates through two segments, Original Equipment Manufacturing Business; and Maintenance, Repair and Overhaul Business.
Receive News & Stock Ratings for MTU Aero Engines AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTU Aero Engines AG and related stocks with our FREE daily email newsletter.