MTU Aero Engines AG (ETR:MTX) Given a €140.00 Price Target by J P Morgan Chase & Co Analysts

MTU Aero Engines AG (ETR:MTX) has been given a €140.00 ($164.71) price target by equities researchers at J P Morgan Chase & Co in a research note issued on Monday, July 31st. The brokerage presently has a “neutral” rating on the stock.

MTX has been the subject of several other reports. Warburg Research set a €124.50 ($146.47) price target on MTU Aero Engines AG and gave the company a “neutral” rating in a report on Tuesday, May 23rd. Commerzbank Ag set a €142.00 ($167.06) price objective on MTU Aero Engines AG and gave the stock a “buy” rating in a report on Friday, July 28th. Hauck & Aufhaeuser set a €155.00 ($182.35) price objective on MTU Aero Engines AG and gave the stock a “buy” rating in a report on Friday, July 28th. Goldman Sachs Group, Inc. (The) set a €140.00 ($164.71) price objective on MTU Aero Engines AG and gave the stock a “neutral” rating in a report on Tuesday, June 20th. Finally, HSBC Holdings plc set a €133.00 ($156.47) target price on MTU Aero Engines AG and gave the stock a “neutral” rating in a research report on Friday, June 30th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of €134.88 ($158.68).

Shares of MTU Aero Engines AG (ETR:MTX) opened at 119.021 on Monday. The company has a market capitalization of €6.13 billion and a P/E ratio of 17.669. The company’s 50 day moving average is €126.39 and its 200-day moving average is €123.05. MTU Aero Engines AG has a 1-year low of €88.41 and a 1-year high of €134.70.

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MTU Aero Engines AG Company Profile

MTU Aero Engines AG, formerly Mtu Aero Engines Holding AG, is a Germany-based manufacturer of military aircraft engines in all thrust and power categories and stationary gas turbines. The Company operates in two segments: Commercial Original Equipment Manufacturing (OEM)And Spare Parts and Commercial Maintenance, Repair and Overhaul.

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