Societe Generale Reiterates €198.00 Price Target for MTU Aero Engines (MTX)

Share on StockTwits

MTU Aero Engines (ETR:MTX) has been assigned a €198.00 ($230.23) price objective by equities researchers at Societe Generale in a research report issued on Friday. The brokerage presently has a “neutral” rating on the stock. Societe Generale’s target price points to a potential upside of 8.08% from the stock’s current price.

Several other brokerages have also weighed in on MTX. Goldman Sachs Group set a €185.00 ($215.12) target price on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research note on Tuesday, August 21st. Commerzbank set a €198.00 ($230.23) target price on shares of MTU Aero Engines and gave the stock a “buy” rating in a research note on Monday. UBS Group set a €182.00 ($211.63) target price on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research note on Thursday, August 9th. Independent Research set a €185.00 ($215.12) target price on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research note on Monday, July 30th. Finally, Warburg Research set a €160.00 ($186.05) target price on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research note on Monday, July 30th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of €172.05 ($200.06).

Shares of MTX stock opened at €183.20 ($213.02) on Friday. MTU Aero Engines has a 1-year low of €114.75 ($133.43) and a 1-year high of €156.80 ($182.33).

About MTU Aero Engines

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.

Featured Article: Index Funds

Analyst Recommendations for MTU Aero Engines (ETR:MTX)

Receive News & Ratings for MTU Aero Engines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTU Aero Engines and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply