MTU Aero Engines AG (OTCMKTS:MTUAY) Receives Consensus Recommendation of “Hold” from Analysts

MTU Aero Engines AG (OTCMKTS:MTUAY) has received an average recommendation of “Hold” from the ten ratings firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

MTUAY has been the subject of a number of analyst reports. BNP Paribas Exane began coverage on shares of MTU Aero Engines in a research note on Monday, April 13th. They set an “outperform” rating for the company. Zacks Research raised MTU Aero Engines from a “strong sell” rating to a “hold” rating in a report on Thursday, May 14th. UBS Group downgraded MTU Aero Engines from a “hold” rating to a “sell” rating in a research report on Friday, April 24th. Kepler Capital Markets raised MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Finally, Berenberg Bank cut MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th.

MTU Aero Engines Trading Up 1.9%

OTCMKTS:MTUAY opened at $194.69 on Friday. MTU Aero Engines has a 12-month low of $157.93 and a 12-month high of $238.57. The firm has a market capitalization of $20.98 billion, a P/E ratio of 18.21 and a beta of 1.01. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.44 and a quick ratio of 1.06. The business has a 50 day simple moving average of $189.69 and a 200 day simple moving average of $198.16.

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.