MTU Aero Engines AG (ETR:MTX) Receives €204.94 Average Price Target from Analysts

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Shares of MTU Aero Engines AG (ETR:MTX) have been given an average recommendation of “Hold” by the eighteen research firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is €204.94 ($238.31).

Several analysts recently weighed in on the company. JPMorgan Chase & Co. set a $44.00 target price on Charles Schwab and gave the company a “buy” rating in a research note on Friday, June 21st. Nord/LB set a €58.00 ($67.44) price objective on Fresenius SE & Co KGaA and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Kepler Capital Markets set a €53.00 ($61.63) price objective on Daimler and gave the stock a “neutral” rating in a research report on Friday, April 26th. UBS Group started coverage on Chewy in a research report on Tuesday, July 9th. They issued a “buy” rating and a $42.00 price objective for the company. Finally, DZ Bank reiterated a “buy” rating on shares of Aurubis in a research report on Thursday, June 13th.

ETR:MTX traded down €1.30 ($1.51) during mid-day trading on Friday, hitting €218.90 ($254.53). 85,594 shares of the company’s stock traded hands, compared to its average volume of 178,994. The firm’s 50 day moving average price is €205.25. MTU Aero Engines has a 12 month low of €155.60 ($180.93) and a 12 month high of €220.40 ($256.28). The company has a market capitalization of $11.30 billion and a price-to-earnings ratio of 27.02. The company has a quick ratio of 0.76, a current ratio of 1.12 and a debt-to-equity ratio of 49.71.

MTU Aero Engines Company Profile

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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Analyst Recommendations for MTU Aero Engines (ETR:MTX)

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