MTU Aero Engines (ETR:MTX) has been assigned a €160.00 ($188.24) price target by investment analysts at Warburg Research in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a “sell” rating on the stock. Warburg Research’s price objective points to a potential downside of 23.33% from the stock’s current price.
MTX has been the topic of a number of other research reports. Kepler Capital Markets set a €213.00 ($250.59) target price on MTU Aero Engines and gave the company a “neutral” rating in a research report on Thursday, January 7th. Morgan Stanley set a €161.00 ($189.41) target price on MTU Aero Engines and gave the company a “sell” rating in a research report on Friday. Berenberg Bank set a €205.00 ($241.18) price objective on MTU Aero Engines and gave the stock a “neutral” rating in a research report on Tuesday, February 23rd. Barclays set a €218.00 ($256.47) price objective on MTU Aero Engines and gave the stock a “neutral” rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. set a €191.00 ($224.71) price objective on MTU Aero Engines and gave the stock a “neutral” rating in a research report on Monday, April 26th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company’s stock. MTU Aero Engines presently has a consensus rating of “Hold” and an average target price of €191.00 ($224.71).
Shares of MTX stock opened at €208.70 ($245.53) on Tuesday. MTU Aero Engines has a fifty-two week low of €111.10 ($130.71) and a fifty-two week high of €221.00 ($260.00). The firm has a market capitalization of $11.07 billion and a price-to-earnings ratio of 46.69. The company has a debt-to-equity ratio of 10.29, a quick ratio of 0.90 and a current ratio of 1.40. The stock’s 50-day simple moving average is €201.26 and its 200-day simple moving average is €197.17.
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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