Independent Research Reiterates €201.00 Price Target for MTU Aero Engines (MTX)

Independent Research set a €201.00 ($233.72) target price on MTU Aero Engines (ETR:MTX) in a research report released on Monday morning. The brokerage currently has a neutral rating on the stock.

MTX has been the subject of a number of other reports. equinet set a €155.00 ($180.23) price objective on shares of MTU Aero Engines and gave the stock a sell rating in a research report on Tuesday, October 16th. Nord/LB set a €205.00 ($238.37) target price on shares of MTU Aero Engines and gave the company a buy rating in a research report on Friday, October 26th. Goldman Sachs Group set a €194.00 ($225.58) target price on shares of MTU Aero Engines and gave the company a neutral rating in a research report on Wednesday, August 15th. Barclays set a €191.00 ($222.09) target price on shares of MTU Aero Engines and gave the company a buy rating in a research report on Monday, September 24th. Finally, Berenberg Bank set a €210.00 ($244.19) target price on shares of MTU Aero Engines and gave the company a buy rating in a research report on Wednesday, November 28th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company. MTU Aero Engines presently has a consensus rating of Hold and an average price target of €190.00 ($220.93).

MTX stock opened at €166.30 ($193.37) on Monday. MTU Aero Engines has a one year low of €114.75 ($133.43) and a one year high of €156.80 ($182.33).

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, Europe, North America, Asia, and internationally. It operates through two segments, Original Equipment Manufacturing Business; and Maintenance, Repair and Overhaul Business.

See Also: Leveraged Buyout (LBO)

Analyst Recommendations for MTU Aero Engines (ETR:MTX)

Receive News & Ratings for MTU Aero Engines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTU Aero Engines and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply