Other analysts have also issued research reports about the stock. equinet AG set a €135.00 ($155.17) target price on shares of MTU Aero Engines AG and gave the company a buy rating in a research note on Thursday, June 22nd. Nord/LB set a €145.00 ($166.67) price target on shares of MTU Aero Engines AG and gave the company a buy rating in a report on Wednesday, June 28th. HSBC Holdings plc set a €133.00 ($152.87) price target on shares of MTU Aero Engines AG and gave the company a neutral rating in a report on Friday, June 30th. Warburg Research set a €124.50 ($143.10) price target on shares of MTU Aero Engines AG and gave the company a neutral rating in a report on Monday, June 26th. Finally, J P Morgan Chase & Co set a €140.00 ($160.92) price target on shares of MTU Aero Engines AG and gave the company a neutral rating in a report on Thursday, June 22nd. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of €132.35 ($152.13).
Shares of MTU Aero Engines AG (ETR:MTX) opened at 131.667 on Thursday. The company’s 50-day moving average is €125.35 and its 200-day moving average is €119.69. MTU Aero Engines AG has a 52 week low of €79.46 and a 52 week high of €134.70. The firm has a market cap of €6.77 billion and a PE ratio of 21.627.
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MTU Aero Engines AG Company Profile
MTU Aero Engines AG, formerly Mtu Aero Engines Holding AG, is a Germany-based manufacturer of military aircraft engines in all thrust and power categories and stationary gas turbines. The Company operates in two segments: Commercial Original Equipment Manufacturing (OEM)And Spare Parts and Commercial Maintenance, Repair and Overhaul.
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