MTU Aero Engines AG (OTCMKTS:MTUAY) Receives Consensus Rating of “Hold” from Brokerages

MTU Aero Engines AG (OTCMKTS:MTUAY) has earned a consensus recommendation of “Hold” from the ten ratings firms that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company.

A number of brokerages have recently commented on MTUAY. BNP Paribas Exane began coverage on shares of MTU Aero Engines in a research report on Monday, April 13th. They set an “outperform” rating for the company. Zacks Research raised shares of MTU Aero Engines from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 14th. UBS Group lowered shares of MTU Aero Engines from a “hold” rating to a “sell” rating in a research report on Friday, April 24th. Berenberg Bank lowered shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Finally, Kepler Capital Markets raised shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th.

MTU Aero Engines Stock Up 0.9%

Shares of MTUAY opened at $206.32 on Tuesday. The company has a 50-day simple moving average of $179.45 and a 200-day simple moving average of $198.89. The firm has a market capitalization of $22.23 billion, a P/E ratio of 19.30 and a beta of 1.03. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.06 and a current ratio of 1.44. MTU Aero Engines has a 52 week low of $157.93 and a 52 week high of $238.57.

About MTU Aero Engines

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company’s activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.