MTU Aero Engines (ETR:MTX) has been assigned a €160.00 ($197.53) target price by analysts at Commerzbank in a research note issued on Thursday. The firm presently has a “buy” rating on the stock. Commerzbank’s price objective would suggest a potential upside of 16.11% from the stock’s previous close.
A number of other analysts have also issued reports on the stock. UBS set a €126.00 ($155.56) target price on shares of MTU Aero Engines and gave the company a “sell” rating in a research note on Wednesday. JPMorgan Chase set a €160.00 ($197.53) target price on shares of MTU Aero Engines and gave the company a “buy” rating in a research note on Tuesday. Goldman Sachs set a €138.00 ($170.37) target price on shares of MTU Aero Engines and gave the company a “neutral” rating in a research note on Monday, April 9th. equinet set a €130.00 ($160.49) target price on shares of MTU Aero Engines and gave the company a “sell” rating in a research note on Tuesday, March 13th. Finally, Berenberg Bank set a €155.00 ($191.36) target price on shares of MTU Aero Engines and gave the company a “buy” rating in a research note on Tuesday, March 6th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company’s stock. MTU Aero Engines presently has an average rating of “Hold” and an average target price of €148.57 ($183.42).
Shares of MTX opened at €137.80 ($170.12) on Thursday. MTU Aero Engines has a 12-month low of €114.75 ($141.67) and a 12-month high of €156.80 ($193.58).
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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.
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