MTU Aero Engines AG (OTCMKTS:MTUAY) Given Consensus Rating of “Hold” by Brokerages

Shares of MTU Aero Engines AG (OTCMKTS:MTUAY) have been assigned a consensus rating of “Hold” from the ten brokerages that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company.

A number of equities research analysts have recently commented on the stock. Citigroup reiterated a “sell” rating on shares of MTU Aero Engines in a report on Wednesday, February 25th. BNP Paribas Exane assumed coverage on shares of MTU Aero Engines in a report on Monday, April 13th. They set an “outperform” rating on the stock. UBS Group cut shares of MTU Aero Engines from a “hold” rating to a “sell” rating in a report on Friday, April 24th. Kepler Capital Markets upgraded shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Finally, Berenberg Bank cut shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th.

MTU Aero Engines Price Performance

Shares of OTCMKTS MTUAY opened at $181.14 on Friday. The company has a 50 day simple moving average of $178.24 and a two-hundred day simple moving average of $199.58. MTU Aero Engines has a fifty-two week low of $157.93 and a fifty-two week high of $238.57. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.06 and a current ratio of 1.44. The company has a market capitalization of $19.52 billion, a price-to-earnings ratio of 16.94 and a beta of 1.03.

About MTU Aero Engines

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company’s activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.