Bank of America Corporation Analysts Give MTU Aero Engines AG (MTX) a €126.00 Price Target
MTU Aero Engines AG (ETR:MTX) received a €126.00 ($150.00) price target from equities research analysts at Bank of America Corporation in a research note issued to investors on Friday. The firm currently has a “neutral” rating on the stock.
A number of other analysts have also weighed in on MTX. UBS AG set a €125.00 ($148.81) price target on shares of MTU Aero Engines AG and gave the stock a “neutral” rating in a research note on Tuesday, June 6th. J P Morgan Chase & Co set a €140.00 ($166.67) price target on shares of MTU Aero Engines AG and gave the stock a “neutral” rating in a research note on Saturday, May 20th. Barclays PLC set a €138.00 ($164.29) price target on shares of MTU Aero Engines AG and gave the stock a “buy” rating in a research note on Monday, August 7th. Warburg Research set a €130.00 ($154.76) price target on shares of MTU Aero Engines AG and gave the stock a “neutral” rating in a research note on Thursday, August 3rd. Finally, Citigroup Inc. set a €125.00 ($148.81) price target on shares of MTU Aero Engines AG and gave the stock a “neutral” rating in a research note on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of €133.76 ($159.24).
Shares of MTU Aero Engines AG (ETR MTX) opened at 119.95 on Friday. The firm has a market cap of €6.18 billion and a PE ratio of 17.81. The firm’s 50-day moving average price is €125.46 and its 200-day moving average price is €123.53. MTU Aero Engines AG has a 12 month low of €88.41 and a 12 month high of €134.70.
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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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