MTU Aero Engines AG (ETR:MTX) has been given a €130.00 ($154.76) price objective by analysts at Berenberg Bank in a report issued on Tuesday, August 29th. The firm currently has a “neutral” rating on the stock.
Other equities research analysts also recently issued reports about the stock. Warburg Research set a €124.50 ($148.21) price target on shares of MTU Aero Engines AG and gave the stock a “neutral” rating in a report on Tuesday, May 23rd. Commerzbank Ag set a €142.00 ($169.05) price target on shares of MTU Aero Engines AG and gave the stock a “buy” rating in a report on Friday, July 28th. Nord/LB set a €145.00 ($172.62) target price on shares of MTU Aero Engines AG and gave the company a “buy” rating in a report on Tuesday, August 1st. Hauck & Aufhaeuser set a €155.00 ($184.52) target price on shares of MTU Aero Engines AG and gave the company a “buy” rating in a report on Friday, July 28th. Finally, Goldman Sachs Group, Inc. (The) set a €140.00 ($166.67) price target on shares of MTU Aero Engines AG and gave the stock a “neutral” rating in a research note on Tuesday, June 20th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of €133.76 ($159.24).
MTU Aero Engines AG (ETR MTX) traded up 1.437% during trading on Tuesday, hitting €125.643. The stock had a trading volume of 240 shares. The company has a market cap of €6.47 billion and a price-to-earnings ratio of 18.652. The company has a 50-day moving average price of €121.99 and a 200-day moving average price of €124.12. MTU Aero Engines AG has a 52-week low of €88.41 and a 52-week high of €134.70.
TRADEMARK VIOLATION WARNING: This report was reported by BBNS and is the property of of BBNS. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this report can be viewed at https://baseballnewssource.com/markets/berenberg-bank-analysts-give-mtu-aero-engines-ag-mtx-a-130-00-price-target/1565537.html.
About MTU Aero Engines AG
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.
Receive News & Ratings for MTU Aero Engines AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTU Aero Engines AG and related companies with our FREE daily email newsletter.