Goldman Sachs Group Analysts Give MTU Aero Engines (ETR:MTX) a €206.00 Price Target

MTU Aero Engines (ETR:MTX) received a €206.00 ($239.53) price target from equities researchers at Goldman Sachs Group in a research note issued on Friday, October 25th, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective points to a potential downside of 14.20% from the company’s current price.

MTX has been the topic of several other research reports. 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. 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. Independent Research set a €249.00 ($289.53) target price on MTU Aero Engines and gave the company a “sell” rating in a research note on Thursday, September 5th. JPMorgan Chase & Co. set a €260.00 ($302.33) target price on MTU Aero Engines and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, Morgan Stanley set a €165.00 ($191.86) target price on MTU Aero Engines and gave the company a “sell” rating in a research note on Friday, October 18th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €223.75 ($260.17).

Shares of ETR:MTX traded up €1.90 ($2.21) on Friday, hitting €240.10 ($279.19). 155,532 shares of the company’s stock were exchanged, compared to its average volume of 178,994. MTU Aero Engines has a 12 month low of €155.60 ($180.93) and a 12 month high of €257.20 ($299.07). The stock has a market capitalization of $12.34 billion and a price-to-earnings ratio of 29.64. The business’s 50 day simple moving average is €240.22 and its two-hundred day simple moving average is €222.60. The company has a debt-to-equity ratio of 49.71, a current ratio of 1.12 and a quick ratio of 0.76.

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.

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Analyst Recommendations for MTU Aero Engines (ETR:MTX)

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