Several other equities analysts have also recently weighed in on the company. Deutsche Bank set a €106.00 ($126.19) price target on MTU Aero Engines and gave the company a neutral rating in a report on Wednesday, August 30th. Bank of America set a €126.00 ($150.00) price target on MTU Aero Engines and gave the company a neutral rating in a report on Friday, September 1st. Goldman Sachs Group set a €140.00 ($166.67) price target on MTU Aero Engines and gave the company a neutral rating in a report on Wednesday, November 29th. Commerzbank set a €142.00 ($169.05) price target on MTU Aero Engines and gave the company a buy rating in a report on Thursday, October 26th. Finally, Berenberg Bank set a €130.00 ($154.76) price target on MTU Aero Engines and gave the company a neutral rating in a report on Tuesday, August 29th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of €148.56 ($176.85).
MTU Aero Engines (ETR:MTX) opened at €152.30 ($181.31) on Wednesday. The firm has a market capitalization of $7,890.00 and a price-to-earnings ratio of 22.17. MTU Aero Engines has a twelve month low of €108.90 ($129.64) and a twelve month high of €154.45 ($183.87).
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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.
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