Independent Research set a €201.00 ($233.72) price objective on MTU Aero Engines (ETR:MTX) in a research report released on Monday morning. The firm currently has a neutral rating on the stock.

Other equities research analysts have also issued reports about the company. Commerzbank set a €195.00 ($226.74) price objective on MTU Aero Engines and gave the stock a buy rating in a research note on Thursday, October 25th. Barclays set a €191.00 ($222.09) price objective on MTU Aero Engines and gave the company a buy rating in a report on Monday, September 24th. JPMorgan Chase & Co. set a €205.00 ($238.37) price target on MTU Aero Engines and gave the stock a buy rating in a research note on Wednesday, September 19th. Nord/LB set a €205.00 ($238.37) price target on MTU Aero Engines and gave the stock a buy rating in a research note on Friday, October 26th. Finally, Berenberg Bank set a €210.00 ($244.19) price objective on MTU Aero Engines and gave the stock a buy rating in a research report on Tuesday, November 6th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of Hold and an average target price of €189.39 ($220.22).

Shares of MTU Aero Engines stock opened at €171.90 ($199.88) on Monday. MTU Aero Engines has a twelve month low of €114.75 ($133.43) and a twelve month high of €156.80 ($182.33).

About MTU Aero Engines

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.

Featured Story: Coverage Ratio

Analyst Recommendations for MTU Aero Engines (ETR:MTX)

Receive News & Ratings for MTU Aero Engines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTU Aero Engines and related companies with MarketBeat.com's FREE daily email newsletter.