MTU Aero Engines AG (OTCMKTS:MTUAY – Get Free Report) has been given an average recommendation of “Moderate Buy” by the seven brokerages that are currently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.
A number of research firms have recently commented on MTUAY. The Goldman Sachs Group began coverage on MTU Aero Engines in a research note on Friday, September 19th. They issued a “hold” rating on the stock. Zacks Research lowered MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Jefferies Financial Group reissued a “buy” rating on shares of MTU Aero Engines in a report on Thursday, October 23rd. Royal Bank Of Canada upgraded shares of MTU Aero Engines to a “hold” rating in a research report on Tuesday, November 18th. Finally, UBS Group cut shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 4th.
Read Our Latest Analysis on MTU Aero Engines
MTU Aero Engines Trading Up 0.7%
MTU Aero Engines (OTCMKTS:MTUAY – Get Free Report) last announced its earnings results on Thursday, October 23rd. The company reported $2.61 EPS for the quarter. The firm had revenue of $2.49 billion for the quarter. MTU Aero Engines had a return on equity of 25.61% and a net margin of 10.79%. As a group, equities research analysts expect that MTU Aero Engines will post 8.69 EPS for the current fiscal year.
About MTU Aero Engines
MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).
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