MTU Aero Engines AG (ETR:MTX) Receives Average Recommendation of “Hold” from Brokerages
Shares of MTU Aero Engines AG (ETR:MTX) have received a consensus recommendation of “Hold” from the nineteen analysts that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is €217.47 ($252.88).
Several research analysts have weighed in on the company. Commerzbank set a €242.00 ($281.40) target price on MTU Aero Engines and gave the company a “buy” rating in a research note on Thursday, July 25th. Berenberg Bank set a €245.00 ($284.88) target price on MTU Aero Engines and gave the company a “neutral” rating in a research note on Friday, August 16th. Kepler Capital Markets set a €232.00 ($269.77) target price on MTU Aero Engines and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Pareto Securities set a €185.00 ($215.12) target price on MTU Aero Engines and gave the company a “neutral” rating in a research note on Thursday, July 25th. Finally, Morgan Stanley set a €165.00 ($191.86) target price on MTU Aero Engines and gave the company a “sell” rating in a research note on Friday.
Shares of MTX stock opened at €241.90 ($281.28) on Friday. The business’s 50 day moving average is €243.24 and its two-hundred day moving average is €219.09. MTU Aero Engines has a twelve month low of €155.60 ($180.93) and a twelve month high of €257.20 ($299.07). The company has a market capitalization of $12.49 billion and a P/E ratio of 29.86. The company has a current ratio of 1.12, a quick ratio of 0.76 and a debt-to-equity ratio of 49.71.
MTU Aero Engines AG, together with its subsidiaries, designs, develops, manufactures, markets, and supports commercial and military engines modules, and components in Germany, other European countries, North America, Asia, and internationally. It operates through two segments, Commercial and Military Engine Business; and Commercial Maintenance Business.
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