MTU Aero Engines (ETR:MTX) Given a €280.00 Price Target by JPMorgan Chase & Co. Analysts

MTU Aero Engines (ETR:MTXGet Rating) has been assigned a €280.00 ($288.66) price target by stock analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price objective points to a potential upside of 49.45% from the stock’s previous close.

MTX has been the subject of a number of other reports. Barclays set a €239.00 ($246.39) price objective on MTU Aero Engines in a research note on Tuesday, October 18th. Deutsche Bank Aktiengesellschaft set a €232.00 ($239.18) price objective on MTU Aero Engines in a research note on Friday, October 28th. The Goldman Sachs Group set a €223.00 ($229.90) target price on shares of MTU Aero Engines in a report on Friday. UBS Group set a €232.00 ($239.18) target price on shares of MTU Aero Engines in a report on Friday, October 28th. Finally, Warburg Research set a €189.00 ($194.85) price target on shares of MTU Aero Engines in a research report on Tuesday, November 1st.

MTU Aero Engines Trading Up 4.3 %

MTX stock opened at €187.35 ($193.14) on Friday. The company has a market cap of $9.98 billion and a P/E ratio of 42.29. MTU Aero Engines has a twelve month low of €149.20 ($153.81) and a twelve month high of €221.10 ($227.94). The company has a quick ratio of 0.91, a current ratio of 1.32 and a debt-to-equity ratio of 50.09. The business has a fifty day moving average of €168.14 and a 200-day moving average of €177.44.

About MTU Aero Engines

(Get Rating)

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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