MTU Aero Engines (ETR:MTX) has been given a €168.00 ($200.00) price target by investment analysts at JPMorgan Chase & Co. in a report issued on Thursday. The firm presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 9.73% from the stock’s previous close.
Other equities analysts have also recently issued research reports about the company. Kepler Capital Markets set a €145.00 ($172.62) target price on MTU Aero Engines and gave the company a “buy” rating in a research note on Friday, October 6th. Barclays set a €138.00 ($164.29) price target on MTU Aero Engines and gave the company a “buy” rating in a research note on Monday, October 16th. Nord/LB set a €160.00 ($190.48) target price on MTU Aero Engines and gave the stock a “buy” rating in a report on Thursday, October 26th. Commerzbank set a €142.00 ($169.05) target price on MTU Aero Engines and gave the stock a “buy” rating in a report on Thursday, October 26th. Finally, Hauck & Aufhaeuser set a €165.00 ($196.43) target price on MTU Aero Engines and gave the stock a “buy” rating in a report on Wednesday, December 13th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of €148.67 ($176.98).
MTU Aero Engines (MTX) traded up €2.60 ($3.10) during trading hours on Thursday, reaching €153.10 ($182.26). The company’s stock had a trading volume of 131,516 shares, compared to its average volume of 313,174. MTU Aero Engines has a 52 week low of €109.75 ($130.65) and a 52 week high of €154.45 ($183.87). The stock has a market cap of $8,010.00 and a PE ratio of 22.29.
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.
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