MTU Aero Engines (ETR:MTX – Get Rating) has been given a €223.00 ($229.90) target price by stock analysts at The Goldman Sachs Group in a report released on Friday, Borsen Zeitung reports. The Goldman Sachs Group’s price target suggests a potential upside of 19.03% from the company’s previous close.
Other research analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft set a €232.00 ($239.18) price objective on shares of MTU Aero Engines in a research note on Friday, October 28th. JPMorgan Chase & Co. set a €275.00 ($283.51) price objective on shares of MTU Aero Engines in a research note on Thursday, October 27th. Barclays set a €239.00 ($246.39) target price on shares of MTU Aero Engines in a report on Tuesday, October 18th. UBS Group set a €232.00 ($239.18) target price on shares of MTU Aero Engines in a report on Friday, October 28th. Finally, Jefferies Financial Group set a €245.00 ($252.58) target price on shares of MTU Aero Engines in a report on Tuesday, November 8th.
MTU Aero Engines Trading Up 4.3 %
ETR MTX opened at €187.35 ($193.14) on Friday. The firm has a 50 day simple moving average of €168.14 and a 200-day simple moving average of €177.44. The company has a debt-to-equity ratio of 50.09, a quick ratio of 0.91 and a current ratio of 1.32. MTU Aero Engines has a one year low of €149.20 ($153.81) and a one year high of €221.10 ($227.94). The firm has a market cap of $9.98 billion and a price-to-earnings ratio of 42.29.
About MTU Aero Engines
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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