MTU Aero Engines AG (OTCMKTS:MTUAY) Given Average Rating of “Hold” by Brokerages

MTU Aero Engines AG (OTCMKTS:MTUAY) has received an average rating of “Hold” from the ten brokerages that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

MTUAY has been the topic of a number of research analyst reports. Kepler Capital Markets raised shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. UBS Group downgraded shares of MTU Aero Engines from a “hold” rating to a “sell” rating in a report on Friday, April 24th. Berenberg Bank downgraded shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. BNP Paribas Exane initiated coverage on shares of MTU Aero Engines in a report on Monday, April 13th. They issued an “outperform” rating on the stock. Finally, Zacks Research raised shares of MTU Aero Engines from a “strong sell” rating to a “hold” rating in a report on Thursday, May 14th.

MTU Aero Engines Price Performance

Shares of OTCMKTS:MTUAY opened at $174.78 on Friday. The company’s 50-day moving average is $178.42 and its 200 day moving average is $200.58. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.06 and a current ratio of 1.44. The company has a market capitalization of $18.83 billion, a P/E ratio of 16.35 and a beta of 1.03. MTU Aero Engines has a fifty-two week low of $157.93 and a fifty-two 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.