JPMorgan Chase & Co. set a €191.00 ($224.71) target price on MTU Aero Engines (ETR:MTX) in a research report sent to investors on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research firms also recently issued reports on MTX. Hauck & AufhãUser set a €152.00 ($178.82) target price on shares of MTU Aero Engines and gave the company a sell rating in a report on Friday, February 19th. Deutsche Bank Aktiengesellschaft set a €220.00 ($258.82) price target on MTU Aero Engines and gave the stock a buy rating in a research note on Friday, February 19th. 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 research report on Monday, February 22nd. UBS Group set a €203.00 ($238.82) price objective on shares of MTU Aero Engines and gave the stock a neutral rating in a research note on Thursday, March 25th. Finally, Barclays set a €218.00 ($256.47) target price on shares of MTU Aero Engines and gave the company a neutral rating in a report on Friday, March 12th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. MTU Aero Engines presently has an average rating of Hold and a consensus price target of €181.13 ($213.09).
MTX stock opened at €198.20 ($233.18) on Monday. The stock has a market capitalization of $10.51 billion and a price-to-earnings ratio of 43.98. The stock’s fifty day simple moving average is €202.05 and its 200-day simple moving average is €192.07. MTU Aero Engines has a 52-week low of €107.80 ($126.82) and a 52-week high of €221.00 ($260.00). The company has a quick ratio of 0.90, a current ratio of 1.40 and a debt-to-equity ratio of 10.29.
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, 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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