MTU Aero Engines AG (OTCMKTS:MTUAY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of MTU Aero Engines AG (OTCMKTS:MTUAY) have been given an average rating of “Moderate Buy” by the seven brokerages that are currently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

A number of research analysts have recently commented on MTUAY shares. Zacks Research cut MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 16th. Royal Bank Of Canada raised shares of MTU Aero Engines to a “hold” rating in a report on Tuesday, November 18th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, October 23rd.

MTU Aero Engines Stock Down 1.2%

MTU Aero Engines stock opened at $220.58 on Friday. The firm has a 50 day moving average price of $213.50 and a 200-day moving average price of $216.85. The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.58. MTU Aero Engines has a twelve month low of $145.02 and a twelve month high of $232.86. The company has a market capitalization of $23.75 billion, a P/E ratio of 23.90 and a beta of 1.10.

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.