MTU Aero Engines AG (ETR:MTX) PT Set at €145.00 by Nord/LB

MTU Aero Engines AG (ETR:MTX) has been given a €145.00 ($170.59) price objective by research analysts at Nord/LB in a research note issued to investors on Tuesday, August 1st. The brokerage currently has a “buy” rating on the stock.

MTX has been the topic 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 research report on Tuesday, May 23rd. Commerzbank Ag set a €142.00 ($167.06) price target on MTU Aero Engines AG and gave the company a “buy” rating in a research report on Friday, July 28th. Hauck & Aufhaeuser set a €155.00 ($182.35) price target on MTU Aero Engines AG and gave the company a “buy” rating in a research report on Friday, July 28th. Goldman Sachs Group, Inc. (The) set a €140.00 ($164.71) price target on MTU Aero Engines AG and gave the company a “neutral” rating in a research report on Tuesday, June 20th. Finally, J P Morgan Chase & Co set a €140.00 ($164.71) price objective on MTU Aero Engines AG and gave the stock a “neutral” rating in a research note on Saturday, May 20th. One 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 stock has a consensus rating of “Hold” and a consensus target price of €134.88 ($158.68).

Shares of MTU Aero Engines AG (ETR:MTX) opened at 121.913 on Tuesday. The firm has a market cap of €6.28 billion and a PE ratio of 18.099. The company has a 50-day moving average of €125.87 and a 200 day moving average of €123.24. MTU Aero Engines AG has a one year low of €88.41 and a one 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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