MTU Aero Engines (ETR:MTX) Given a €191.00 Price Target at JPMorgan Chase & Co.

MTU Aero Engines (ETR:MTX) has been assigned a €191.00 ($224.71) target price by research analysts at JPMorgan Chase & Co. in a report issued on Monday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential downside of 5.49% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. Berenberg Bank set a €205.00 ($241.18) price target on shares of MTU Aero Engines and gave the company a “neutral” rating in a research report on Tuesday, February 23rd. Warburg Research set a €140.00 ($164.71) price objective on shares of MTU Aero Engines and gave the stock a “sell” rating in a research note on Friday, February 19th. Nord/LB set a €210.00 ($247.06) price target on MTU Aero Engines and gave the stock a “buy” rating in a report on Friday, February 19th. UBS Group set a €203.00 ($238.82) price target on shares of MTU Aero Engines and gave the stock a “neutral” rating in a report on Tuesday, April 13th. 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 research report on Monday, February 22nd. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of €185.73 ($218.51).

MTX opened at €202.10 ($237.76) on Monday. The company has a debt-to-equity ratio of 10.29, a current ratio of 1.40 and a quick ratio of 0.90. MTU Aero Engines has a 12 month low of €107.80 ($126.82) and a 12 month high of €221.00 ($260.00). The stock has a market capitalization of $10.72 billion and a P/E ratio of 45.21. The business has a 50 day simple moving average of €201.97 and a 200-day simple moving average of €192.70.

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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Analyst Recommendations for MTU Aero Engines (ETR:MTX)

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