MTU Aero Engines AG (MTX) Given a €140.00 Price Target by J P Morgan Chase & Co Analysts

MTU Aero Engines AG (ETR:MTX) has been assigned a €140.00 ($164.71) price target by stock analysts at J P Morgan Chase & Co in a research note issued to investors on Monday, July 31st. The firm presently has a “neutral” rating on the stock.

Several other research firms have also weighed in on MTX. Kepler Capital Markets set a €145.00 ($170.59) price objective on MTU Aero Engines AG and gave the company a “buy” rating in a research note on Friday, July 21st. Deutsche Bank AG set a €115.00 ($135.29) price objective on MTU Aero Engines AG and gave the company a “neutral” rating in a research note on Friday, July 14th. Barclays PLC set a €138.00 ($162.35) price objective on MTU Aero Engines AG and gave the company a “buy” rating in a research note on Thursday, July 13th. HSBC Holdings plc set a €133.00 ($156.47) price objective on MTU Aero Engines AG and gave the company a “neutral” rating in a research note on Friday, June 30th. Finally, Nord/LB set a €145.00 ($170.59) price objective on MTU Aero Engines AG and gave the company a “buy” rating in a research note on Wednesday, June 28th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of €134.88 ($158.68).

Shares of MTU Aero Engines AG (ETR MTX) opened at 121.913 on Monday. MTU Aero Engines AG has a 52 week low of €88.41 and a 52 week high of €134.70. The stock has a market capitalization of €6.28 billion and a price-to-earnings ratio of 18.099. The firm’s 50-day moving average is €125.87 and its 200-day moving average is €123.24.

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MTU Aero Engines AG Company Profile

MTU Aero Engines AG, formerly Mtu Aero Engines Holding AG, is a Germany-based manufacturer of military aircraft engines in all thrust and power categories and stationary gas turbines. The Company operates in two segments: Commercial Original Equipment Manufacturing (OEM)And Spare Parts and Commercial Maintenance, Repair and Overhaul.

Analyst Recommendations for MTU Aero Engines AG (ETR:MTX)

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