MTU Aero Engines AG (ETR:MTX) has been assigned a €140.00 ($164.71) price target by analysts at Goldman Sachs Group, Inc. (The) in a research note issued to investors on Friday, November 10th. The brokerage currently has a “neutral” rating on the stock. Goldman Sachs Group, Inc. (The)’s target price points to a potential downside of 5.91% from the company’s previous close.
A number of other analysts have also weighed in on MTX. Barclays PLC set a €138.00 ($162.35) price objective on shares of MTU Aero Engines AG and gave the stock a “buy” rating in a research note on Monday, August 7th. Warburg Research set a €130.00 ($152.94) price objective on shares of MTU Aero Engines AG and gave the stock a “neutral” rating in a research note on Thursday, August 3rd. Citigroup Inc. set a €125.00 ($147.06) target price on shares of MTU Aero Engines AG and gave the stock a “neutral” rating in a report on Thursday, August 10th. equinet AG set a €142.00 ($167.06) target price on shares of MTU Aero Engines AG and gave the stock a “neutral” rating in a report on Monday, October 30th. Finally, UBS AG set a €118.00 ($138.82) target price on shares of MTU Aero Engines AG and gave the stock a “sell” rating in a report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company. MTU Aero Engines AG presently has a consensus rating of “Hold” and a consensus target price of €144.76 ($170.31).
Shares of MTU Aero Engines AG (ETR:MTX) opened at €148.80 ($175.06) on Friday. MTU Aero Engines AG has a one year low of €95.10 ($111.88) and a one year high of €149.30 ($175.65).
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.
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