MTU Aero Engines (ETR:MTX) Given a €255.00 Price Target by Nord/LB Analysts

Nord/LB set a €255.00 ($296.51) price objective on MTU Aero Engines (ETR:MTX) in a report published on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also recently issued reports on MTX. Deutsche Bank set a €186.00 ($216.28) price objective on shares of MTU Aero Engines and gave the company a neutral rating in a research note on Wednesday, April 17th. Goldman Sachs Group set a €181.00 ($210.47) price objective on shares of MTU Aero Engines and gave the company a neutral rating in a research note on Thursday, July 25th. HSBC set a €246.00 ($286.05) price objective on shares of MTU Aero Engines and gave the company a buy rating in a research note on Friday, July 26th. Kepler Capital Markets set a €194.00 ($225.58) price objective on shares of MTU Aero Engines and gave the company a neutral rating in a research note on Friday, April 26th. Finally, Pareto Securities set a €185.00 ($215.12) price objective on shares of MTU Aero Engines and gave the company a neutral rating in a research note on Thursday, July 25th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of €209.74 ($243.88).

MTX stock traded down €3.40 ($3.95) during midday trading on Friday, reaching €224.40 ($260.93). The company had a trading volume of 139,086 shares, compared to its average volume of 178,994. 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 has a 1 year low of €155.60 ($180.93) and a 1 year high of €229.10 ($266.40). The company has a market cap of $11.59 billion and a P/E ratio of 27.70. The company’s 50-day moving average is €214.25.

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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