MTU Aero Engines (ETR:MTX) PT Set at €246.00 by Hauck & Aufhaeuser

MTU Aero Engines (ETR:MTX) has been assigned a €246.00 ($286.05) price target by equities researchers at Hauck & Aufhaeuser in a report released on Monday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Hauck & Aufhaeuser’s target price points to a potential downside of 0.81% from the company’s current price.

Several other brokerages also recently commented on MTX. Morgan Stanley set a €165.00 ($191.86) target price on MTU Aero Engines and gave the stock a “sell” rating in a research note on Friday, October 18th. JPMorgan Chase & Co. set a €260.00 ($302.33) price target on shares of MTU Aero Engines and gave the company a “buy” rating in a research note on Friday, October 25th. Nord/LB set a €255.00 ($296.51) price target on shares of MTU Aero Engines and gave the company a “neutral” rating in a research note on Tuesday, October 29th. Kepler Capital Markets set a €232.00 ($269.77) price target on shares of MTU Aero Engines and gave the company a “neutral” rating in a report on Thursday, November 7th. Finally, UBS Group set a €243.00 ($282.56) price objective on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of €228.87 ($266.12).

Shares of MTX stock opened at €248.00 ($288.37) on Monday. The business has a fifty day simple moving average of €240.33 and a 200 day simple moving average of €226.95. The company has a market cap of $12.81 billion and a P/E ratio of 30.62. The company has a quick ratio of 0.76, a current ratio of 1.12 and a debt-to-equity ratio of 49.71. MTU Aero Engines has a twelve month low of €155.60 ($180.93) and a twelve month high of €257.20 ($299.07).

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, other European countries, North America, Asia, and internationally. It operates through two segments, Commercial and Military Engine Business; and Commercial Maintenance Business.

See Also: Retained Earnings

Analyst Recommendations for MTU Aero Engines (ETR:MTX)

Receive News & Ratings for MTU Aero Engines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTU Aero Engines and related companies with MarketBeat.com's FREE daily email newsletter.