MTU Aero Engines (ETR:MTX) received a €191.00 ($224.71) price objective from equities researchers at JPMorgan Chase & Co. in a research report issued on Monday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential downside of 2.85% from the company’s previous close.
Several other research analysts have also weighed in on the stock. UBS Group set a €203.00 ($238.82) price objective on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research note on Thursday, March 25th. Independent Research set a €177.00 ($208.24) price target on shares of MTU Aero Engines and gave the company a “sell” rating in a report on Monday, February 22nd. Hauck & AufhãUser set a €152.00 ($178.82) price objective on shares of MTU Aero Engines and gave the company a “sell” rating in a research report on Friday, February 19th. Kepler Capital Markets set a €213.00 ($250.59) price target on shares of MTU Aero Engines and gave the company a “neutral” rating in a research note on Thursday, January 7th. Finally, Warburg Research set a €140.00 ($164.71) price objective on shares of MTU Aero Engines and gave the stock a “sell” rating in a research report on Friday, February 19th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company. MTU Aero Engines presently has a consensus rating of “Hold” and an average target price of €181.13 ($213.09).
Shares of MTX stock opened at €196.60 ($231.29) on Monday. The firm’s 50 day moving average price is €202.03 and its two-hundred day moving average price is €191.77. The company has a debt-to-equity ratio of 10.29, a quick ratio of 0.90 and a current ratio of 1.40. MTU Aero Engines has a 52-week low of €107.80 ($126.82) and a 52-week high of €221.00 ($260.00). The stock has a market cap of $10.43 billion and a PE ratio of 44.55.
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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