MTU Aero Engines (ETR:MTX) Given a €228.00 Price Target by HSBC Analysts

MTU Aero Engines (ETR:MTX) received a €228.00 ($265.12) price target from analysts at HSBC in a note issued to investors on Friday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. HSBC’s target price suggests a potential upside of 14.75% from the stock’s previous close.

A number of other equities research analysts also recently weighed in on MTX. JPMorgan Chase & Co. set a €225.00 ($261.63) price target on shares of MTU Aero Engines and gave the stock a “buy” rating in a research note on Thursday, May 9th. Kepler Capital Markets set a €194.00 ($225.58) price target on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research note on Friday, April 26th. DZ Bank set a €212.00 ($246.51) price target on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research note on Thursday. Independent Research set a €213.00 ($247.67) price target on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research note on Thursday, May 2nd. Finally, Goldman Sachs Group set a €181.00 ($210.47) price target on shares of MTU Aero Engines and gave the stock a “neutral” rating in a research note on Friday, May 10th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company’s stock. MTU Aero Engines currently has an average rating of “Hold” and an average price target of €204.28 ($237.53).

MTX opened at €198.70 ($231.05) on Friday. The company has a quick ratio of 0.76, a current ratio of 1.12 and a debt-to-equity ratio of 49.71. The company has a market cap of $10.26 billion and a P/E ratio of 24.53. MTU Aero Engines has a fifty-two week low of €155.60 ($180.93) and a fifty-two week high of €211.30 ($245.70).



MTU Aero Engines Company Profile

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.

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Analyst Recommendations for MTU Aero Engines (ETR:MTX)

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