MTU Aero Engines AG (OTCMKTS:MTUAY) Receives Average Recommendation of “Hold” from Brokerages

MTU Aero Engines AG (OTCMKTS:MTUAY) has been assigned a consensus recommendation of “Hold” from the ten ratings firms that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several research analysts recently weighed in on MTUAY shares. Berenberg Bank downgraded MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Citigroup restated a “sell” rating on shares of MTU Aero Engines in a research note on Wednesday, February 25th. UBS Group lowered shares of MTU Aero Engines from a “hold” rating to a “sell” rating in a research report on Friday, April 24th. Zacks Research raised shares of MTU Aero Engines from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 14th. Finally, Kepler Capital Markets raised shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th.

MTU Aero Engines Stock Performance

MTUAY stock opened at $175.42 on Friday. The firm has a market cap of $18.90 billion, a price-to-earnings ratio of 16.41 and a beta of 1.03. The firm has a 50-day simple moving average of $178.18 and a two-hundred day simple moving average of $199.92. MTU Aero Engines has a one year low of $157.93 and a one year high of $238.57. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.06 and a current ratio of 1.44.

About MTU Aero Engines

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company’s activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.