MTU Aero Engines AG (ETR:MTX) has been given a €124.50 ($138.33) price objective by equities research analysts at Warburg Research in a research note issued to investors on Monday. The firm presently has a “neutral” rating on the stock.

Several other equities analysts also recently weighed in on the stock. equinet AG set a €135.00 ($150.00) price target on shares of MTU Aero Engines AG and gave the stock a “buy” rating in a report on Thursday. J P Morgan Chase & Co set a €140.00 ($155.56) price target on shares of MTU Aero Engines AG and gave the stock a “neutral” rating in a report on Thursday. Goldman Sachs Group, Inc. (The) set a €140.00 ($155.56) price target on shares of MTU Aero Engines AG and gave the stock a “neutral” rating in a report on Tuesday, June 20th. Berenberg Bank set a €128.00 ($142.22) price target on shares of MTU Aero Engines AG and gave the stock a “neutral” rating in a report on Thursday, May 25th. Finally, Deutsche Bank AG set a €105.00 ($116.67) price target on shares of MTU Aero Engines AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. MTU Aero Engines AG currently has an average rating of “Hold” and an average price target of €128.75 ($143.06).

MTU Aero Engines AG (ETR:MTX) traded up 0.180% during trading on Monday, hitting €127.329. 1,180 shares of the company were exchanged. MTU Aero Engines AG has a 1-year low of €78.50 and a 1-year high of €134.70. The stock has a market capitalization of €6.55 billion and a PE ratio of 20.915. The firm’s 50 day moving average price is €126.46 and its 200-day moving average price is €118.70.

TRADEMARK VIOLATION WARNING: This article was published by American Banking News and is owned by of American Banking News. If you are viewing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/06/26/mtu-aero-engines-ag-mtx-pt-set-at-124-50-by-warburg-research.html.

About MTU Aero Engines AG

MTU Aero Engines AG, formerly Mtu Aero Engines Holding AG, is a Germany-based manufacturer of military aircraft engines in all thrust and power categories and stationary gas turbines. The Company operates in two segments: Commercial Original Equipment Manufacturing (OEM)And Spare Parts and Commercial Maintenance, Repair and Overhaul.

Analyst Recommendations for MTU Aero Engines AG (ETR:MTX)

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 MarketBeat.com's FREE daily email newsletter.