MTU Aero Engines (ETR:MTX) Given a €223.00 Price Target at The Goldman Sachs Group

MTU Aero Engines (ETR:MTXGet Rating) received a €223.00 ($227.55) target price from equities researchers at The Goldman Sachs Group in a report issued on Thursday, Borsen Zeitung reports. The Goldman Sachs Group’s price objective points to a potential upside of 41.99% from the company’s current price.

A number of other research analysts have also recently commented on the stock. UBS Group set a €232.00 ($236.73) target price on shares of MTU Aero Engines in a research report on Thursday, July 28th. Deutsche Bank Aktiengesellschaft set a €232.00 ($236.73) target price on shares of MTU Aero Engines in a research report on Tuesday, August 2nd. Warburg Research set a €182.00 ($185.71) price target on shares of MTU Aero Engines in a research report on Monday, August 1st. Jefferies Financial Group set a €240.00 ($244.90) price target on shares of MTU Aero Engines in a research report on Thursday, July 7th. Finally, Berenberg Bank set a €230.00 ($234.69) price target on shares of MTU Aero Engines in a research report on Wednesday, July 27th.

MTU Aero Engines Trading Down 0.4 %

Shares of MTX opened at €157.05 ($160.26) on Thursday. The company has a current ratio of 1.33, a quick ratio of 0.92 and a debt-to-equity ratio of 57.21. MTU Aero Engines has a 12-month low of €154.05 ($157.19) and a 12-month high of €221.10 ($225.61). The firm has a 50-day moving average price of €181.77 and a 200 day moving average price of €186.01. The firm has a market capitalization of $8.37 billion and a P/E ratio of 35.60.

MTU Aero Engines Company Profile

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MTU Aero Engines AG, together with its subsidiaries, develops, manufactures, markets, and maintains commercial and military engines, and aero derivative industrial gas turbines 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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