Goldman Sachs Group Reiterates “€206.00” Price Target for MTU Aero Engines (ETR:MTX)

MTU Aero Engines (ETR:MTX) has been given a €206.00 ($239.53) price objective by Goldman Sachs Group in a report released on Friday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group’s price target indicates a potential downside of 12.12% from the company’s previous close.

Other equities analysts have also issued research reports about the company. Kepler Capital Markets set a €232.00 ($269.77) price target on MTU Aero Engines and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Hauck & Aufhaeuser set a €250.00 ($290.70) price target on MTU Aero Engines and gave the company a “neutral” rating in a research note on Tuesday, October 15th. UBS Group set a €243.00 ($282.56) price target on MTU Aero Engines and gave the company a “neutral” rating in a research note on Thursday, October 10th. Independent Research set a €249.00 ($289.53) price target on MTU Aero Engines and gave the company a “sell” rating in a research note on Thursday, September 5th. Finally, Warburg Research set a €200.00 ($232.56) price target on MTU Aero Engines and gave the company a “neutral” rating in a research note on Monday, July 29th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the stock. MTU Aero Engines has a consensus rating of “Hold” and a consensus target price of €219.21 ($254.90).

Shares of MTX opened at €234.40 ($272.56) on Friday. MTU Aero Engines has a 52-week low of €155.60 ($180.93) and a 52-week high of €257.20 ($299.07). The business’s fifty day moving average is €242.45 and its 200-day moving average is €220.27. The company has a debt-to-equity ratio of 49.71, a quick ratio of 0.76 and a current ratio of 1.12. The firm has a market cap of $12.27 billion and a price-to-earnings ratio of 28.94.

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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