MTU Aero Engines AG (ETR:MTX) has earned an average rating of “Hold” from the nineteen research firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is €209.74 ($243.88).
Several research firms have commented on MTX. Independent Research set a €225.00 ($261.63) price target on shares of MTU Aero Engines and gave the company a “neutral” rating in a research report on Friday, July 26th. Hauck & Aufhaeuser set a €222.00 ($258.14) price target on shares of MTU Aero Engines and gave the company a “buy” rating in a research report on Thursday, July 25th. Commerzbank set a €242.00 ($281.40) price objective on shares of MTU Aero Engines and gave the company a “buy” rating in a report on Thursday, July 25th. Warburg Research set a €200.00 ($232.56) price objective on shares of MTU Aero Engines and gave the company a “neutral” rating in a report on Monday, July 29th. Finally, UBS Group set a €207.00 ($240.70) price objective on shares of MTU Aero Engines and gave the company a “neutral” rating in a report on Thursday, July 25th.
Shares of MTX stock traded up €1.60 ($1.86) during mid-day trading on Tuesday, hitting €234.50 ($272.67). 86,657 shares of the stock traded hands, compared to its average volume of 178,994. The stock has a market capitalization of $12.04 billion and a PE ratio of 28.95. The stock’s fifty day moving average price is €217.06. MTU Aero Engines has a 52-week low of €155.60 ($180.93) and a 52-week high of €229.10 ($266.40). 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, 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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