MTU Aero Engines (ETR:MTX) has been assigned a €144.00 ($169.41) price target by UBS Group in a report issued on Wednesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price target would indicate a potential downside of 8.10% from the company’s previous close.
Other equities analysts have also issued research reports about the stock. Goldman Sachs Group set a €149.00 ($175.29) price objective on shares of MTU Aero Engines and gave the company a “neutral” rating in a research report on Thursday, September 10th. Nord/LB set a €128.00 ($150.59) target price on shares of MTU Aero Engines and gave the stock a “neutral” rating in a report on Tuesday, August 4th. Barclays set a €131.00 ($154.12) target price on shares of MTU Aero Engines and gave the stock a “neutral” rating in a report on Monday, August 10th. JPMorgan Chase & Co. set a €107.00 ($125.88) target price on shares of MTU Aero Engines and gave the stock a “sell” rating in a report on Monday, August 3rd. Finally, Morgan Stanley set a €124.00 ($145.88) target price on shares of MTU Aero Engines and gave the stock a “sell” rating in a report on Wednesday, July 8th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €142.00 ($167.06).
MTX stock traded down €2.25 ($2.65) during trading on Wednesday, hitting €156.70 ($184.35). 162,407 shares of the company’s stock traded hands, compared to its average volume of 178,994. MTU Aero Engines has a 52 week low of €97.76 ($115.01) and a 52 week high of €289.30 ($340.35). The company has a debt-to-equity ratio of 49.71, a quick ratio of 0.76 and a current ratio of 1.12. The business has a fifty day simple moving average of €152.55 and a 200 day simple moving average of €149.86. The stock has a market capitalization of $8.09 billion and a price-to-earnings ratio of 19.35.
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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