MTU Aero Engines AG (MTX) Given Consensus Recommendation of “Hold” by Brokerages
Shares of MTU Aero Engines AG (ETR:MTX) have received an average rating of “Hold” from the seventeen research firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is €197.82 ($230.03).
A number of analysts recently issued reports on MTX shares. Deutsche Bank set a €180.00 ($209.30) target price on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research report on Tuesday, January 29th. JPMorgan Chase & Co. set a €205.00 ($238.37) target price on shares of MTU Aero Engines and gave the stock a “buy” rating in a research report on Wednesday, February 20th. Hauck & Aufhaeuser set a €210.00 ($244.19) target price on shares of MTU Aero Engines and gave the stock a “buy” rating in a research report on Thursday, December 13th. Warburg Research set a €171.00 ($198.84) target price on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research report on Thursday, December 6th. Finally, Independent Research set a €201.00 ($233.72) target price on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research report on Monday, December 3rd.
ETR MTX traded up €2.00 ($2.33) during mid-day trading on Friday, reaching €194.90 ($226.63). 86,619 shares of the stock were exchanged, compared to its average volume of 178,994. MTU Aero Engines has a 1-year low of €130.70 ($151.98) and a 1-year high of €198.70 ($231.05). The firm has a market cap of $10.06 billion and a P/E ratio of 24.06. The company has a debt-to-equity ratio of 49.71, a quick ratio of 0.76 and a current ratio of 1.12.
MTU Aero Engines AG, together with its subsidiaries, designs, develops, manufactures, markets, and supports commercial and military engines, modules, and components in Germany, Europe, North America, Asia, and internationally. It operates through two segments, Original Equipment Manufacturing Business; and Maintenance, Repair and Overhaul Business.
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