MTU Aero Engines (ETR:MTX) Given a €208.00 Price Target by Goldman Sachs Group Analysts
Goldman Sachs Group set a €208.00 ($241.86) price objective on MTU Aero Engines (ETR:MTX) in a research report report published on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
MTX has been the topic of a number of other reports. Independent Research set a €249.00 ($289.53) price target on MTU Aero Engines and gave the stock a sell rating in a research note on Thursday, September 5th. Berenberg Bank set a €245.00 ($284.88) price objective on MTU Aero Engines and gave the stock a neutral rating in a report on Friday, August 16th. DZ Bank set a €212.00 ($246.51) price objective on MTU Aero Engines and gave the company a neutral rating in a research report on Thursday, June 13th. UBS Group set a €207.00 ($240.70) target price on MTU Aero Engines and gave the company a neutral rating in a report on Thursday, July 25th. Finally, JPMorgan Chase & Co. set a €225.00 ($261.63) target price on MTU Aero Engines and gave the stock a buy rating in a research report on Thursday, July 25th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have given a buy rating to the company. MTU Aero Engines has a consensus rating of Hold and an average price target of €213.47 ($248.23).
Shares of MTX opened at €242.20 ($281.63) on Monday. The firm has a market cap of $12.51 billion and a PE ratio of 29.90. The company has a current ratio of 1.12, a quick ratio of 0.76 and a debt-to-equity ratio of 49.71. The firm has a fifty day simple moving average of €235.45 and a two-hundred day simple moving average of €210.37. MTU Aero Engines has a 1-year low of €155.60 ($180.93) and a 1-year high of €257.20 ($299.07).
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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