MTU Aero Engines (ETR:MTX) PT Set at €179.00 by HSBC

HSBC set a €179.00 ($208.14) target price on MTU Aero Engines (ETR:MTX) in a research report report published on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other brokerages have also weighed in on MTX. Berenberg Bank set a €190.00 ($220.93) price objective on shares of MTU Aero Engines and gave the stock a neutral rating in a report on Tuesday, March 10th. UBS Group set a €312.00 ($362.79) price objective on shares of MTU Aero Engines and gave the stock a buy rating in a report on Friday, February 21st. Independent Research set a €141.00 ($163.95) price objective on shares of MTU Aero Engines and gave the stock a neutral rating in a report on Wednesday, March 18th. Hauck & Aufhaeuser set a €240.00 ($279.07) price objective on shares of MTU Aero Engines and gave the stock a neutral rating in a report on Friday, February 28th. Finally, Nord/LB set a €230.00 ($267.44) price objective on shares of MTU Aero Engines and gave the stock a neutral rating in a report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of €201.88 ($234.74).

Shares of ETR MTX opened at €151.05 ($175.64) on Tuesday. MTU Aero Engines has a twelve month low of €165.90 ($192.91) and a twelve month high of €289.30 ($336.40). The firm has a market cap of $7.80 billion and a P/E ratio of 18.65. The company has a 50 day moving average of €214.11 and a 200 day moving average of €242.29. The company has a quick ratio of 0.76, a current ratio of 1.12 and a debt-to-equity ratio of 49.71.

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: Return on Equity (ROE)

Analyst Recommendations for MTU Aero Engines (ETR:MTX)

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