Barclays set a €281.00 ($326.74) price objective on MTU Aero Engines (ETR:MTX) in a research report sent to investors on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other analysts also recently issued reports about the stock. Berenberg Bank set a €245.00 ($284.88) price objective on shares of MTU Aero Engines and gave the company a neutral rating in a report on Friday, November 29th. Goldman Sachs Group set a €241.00 ($280.23) target price on shares of MTU Aero Engines and gave the stock a neutral rating in a report on Monday, December 2nd. Kepler Capital Markets set a €232.00 ($269.77) target price on shares of MTU Aero Engines and gave the stock a neutral rating in a report on Thursday, November 7th. UBS Group set a €243.00 ($282.56) target price on shares of MTU Aero Engines and gave the company a neutral rating in a research report on Friday, October 25th. Finally, HSBC set a €255.00 ($296.51) price target on shares of MTU Aero Engines and gave the company a neutral rating in a research note on Monday, December 2nd. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of €232.13 ($269.91).
ETR MTX opened at €261.40 ($303.95) on Friday. The stock has a market capitalization of $13.50 billion and a price-to-earnings ratio of 32.27. The stock’s 50 day moving average price is €241.30 and its two-hundred day moving average price is €227.83. The company has a debt-to-equity ratio of 49.71, a quick ratio of 0.76 and a current ratio of 1.12. MTU Aero Engines has a 52 week low of €155.60 ($180.93) and a 52 week high of €262.20 ($304.88).
MTU Aero Engines Company Profile
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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