MTU Aero Engines AG (MTX) PT Set at €150.00 by Citigroup Inc.
MTU Aero Engines AG (ETR:MTX) has been assigned a €150.00 ($174.42) price objective by research analysts at Citigroup Inc. in a research report issued to clients and investors on Wednesday. The brokerage presently has a “neutral” rating on the stock. Citigroup Inc.’s price target would indicate a potential upside of 3.70% from the company’s current price.
A number of other equities analysts also recently issued reports on the stock. Kepler Capital Markets set a €145.00 ($168.60) price target on shares of MTU Aero Engines AG and gave the company a “buy” rating in a report on Friday, July 21st. Deutsche Bank AG set a €106.00 ($123.26) price target on shares of MTU Aero Engines AG and gave the company a “neutral” rating in a report on Wednesday, August 30th. Bank of America Corporation set a €126.00 ($146.51) price target on shares of MTU Aero Engines AG and gave the company a “neutral” rating in a report on Friday, September 1st. Nord/LB set a €160.00 ($186.05) price target on shares of MTU Aero Engines AG and gave the company a “buy” rating in a report on Thursday, October 26th. Finally, UBS AG set a €125.00 ($145.35) price target on shares of MTU Aero Engines AG and gave the company a “neutral” rating in a report on Friday, July 28th. One analyst has rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of €144.76 ($168.33).
MTU Aero Engines AG (MTX) opened at €144.65 ($168.20) on Wednesday. MTU Aero Engines AG has a twelve month low of €94.28 ($109.63) and a twelve month high of €149.30 ($173.60).
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About MTU Aero Engines AG
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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