Brokerages Set MTU Aero Engines AG (MTX) Target Price at $134.00
Shares of MTU Aero Engines AG (ETR:MTX) have been given a consensus rating of “Hold” by the seventeen analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is €134.00 ($157.65).
Several equities analysts have recently commented on the company. Warburg Research set a €130.00 ($152.94) target price on MTU Aero Engines AG and gave the company a “neutral” rating in a research report on Thursday, August 3rd. Commerzbank Ag set a €142.00 ($167.06) target price on MTU Aero Engines AG and gave the stock a “buy” rating in a research note on Friday, July 28th. Nord/LB set a €145.00 ($170.59) price target on MTU Aero Engines AG and gave the stock a “buy” rating in a report on Tuesday, August 1st. Hauck & Aufhaeuser set a €155.00 ($182.35) price target on MTU Aero Engines AG and gave the stock a “buy” rating in a report on Friday, July 28th. Finally, Goldman Sachs Group, Inc. (The) set a €140.00 ($164.71) price target on MTU Aero Engines AG and gave the company a “neutral” rating in a research note on Tuesday, June 20th.
MTU Aero Engines AG (MTX) traded down 0.085% during mid-day trading on Friday, hitting €134.493. The stock had a trading volume of 377 shares. The stock’s 50 day moving average price is €124.29 and its 200 day moving average price is €125.24. MTU Aero Engines AG has a one year low of €88.41 and a one year high of €135.11. The firm has a market capitalization of €6.93 billion and a price-to-earnings ratio of 19.966.
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.
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