MTU Aero Engines (ETR:MTX) Given a €225.00 Price Target at JPMorgan Chase & Co.

MTU Aero Engines (ETR:MTX) received a €225.00 ($261.63) target price from stock analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 11.83% from the company’s previous close.

Other analysts also recently issued research reports about the company. Hauck & Aufhaeuser set a €210.00 ($244.19) target price on MTU Aero Engines and gave the company a “buy” rating in a research note on Tuesday, February 12th. Nord/LB set a €220.00 ($255.81) target price on MTU Aero Engines and gave the company a “buy” rating in a research note on Wednesday, February 20th. HSBC set a €228.00 ($265.12) target price on MTU Aero Engines and gave the company a “buy” rating in a research note on Friday, February 22nd. Berenberg Bank set a €215.00 ($250.00) target price on MTU Aero Engines and gave the company a “buy” rating in a research note on Friday, March 1st. Finally, Kepler Capital Markets set a €194.00 ($225.58) target price on MTU Aero Engines and gave the company a “neutral” rating in a research note on Friday, April 26th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of €204.00 ($237.21).

Shares of MTX opened at €201.20 ($233.95) on Tuesday. The company has a market cap of $10.39 billion and a P/E ratio of 24.84. MTU Aero Engines has a 12-month low of €155.60 ($180.93) and a 12-month high of €211.30 ($245.70). The company has a debt-to-equity ratio of 49.71, a quick ratio of 0.76 and a current ratio of 1.12.

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, 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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Analyst Recommendations for MTU Aero Engines (ETR:MTX)

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