Berenberg Bank Lowers MTU AERO ENGINE/ADR (OTCMKTS:MTUAY) to Hold
Berenberg Bank cut shares of MTU AERO ENGINE/ADR (OTCMKTS:MTUAY) from a buy rating to a hold rating in a research note issued to investors on Friday, Briefing.com Automated Import reports.
A number of other brokerages have also issued reports on MTUAY. Societe Generale lowered MTU AERO ENGINE/ADR from a hold rating to a sell rating in a research report on Friday, July 26th. Citigroup downgraded shares of MTU AERO ENGINE/ADR from a neutral rating to a sell rating in a research note on Monday, May 13th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of Hold.
Shares of OTCMKTS MTUAY opened at $134.25 on Friday. The firm has a market cap of $13.96 billion, a price-to-earnings ratio of 25.23 and a beta of 1.02. The company has a quick ratio of 0.76, a current ratio of 1.12 and a debt-to-equity ratio of 0.44. MTU AERO ENGINE/ADR has a 52-week low of $88.15 and a 52-week high of $134.30. The business’s 50 day moving average is $124.35 and its two-hundred day moving average is $114.84.
MTU Aero Engines AG is engaged in the development, manufacture, and trade of aviation engine and components. It operates its business through two segments: Original Equipment Manufacturing, and Maintenance, Repair and Overhaul. The Original Equipment Manufacturing segment comprises commercial and military engine businesses.
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