MTU Aero Engines (OTCMKTS:MTUAY – Get Rating) had its target price boosted by equities research analysts at Jefferies Financial Group from €245.00 ($252.58) to €250.00 ($257.73) in a report issued on Friday, The Fly reports. Jefferies Financial Group also issued estimates for MTU Aero Engines’ Q4 2022 earnings at $1.36 EPS, FY2022 earnings at $4.04 EPS, FY2024 earnings at $6.44 EPS and FY2025 earnings at $8.14 EPS.
A number of other research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of MTU Aero Engines from €240.00 ($247.42) to €275.00 ($283.51) in a report on Monday, October 31st. Bank of America lowered shares of MTU Aero Engines from a “buy” rating to a “neutral” rating in a research note on Tuesday, September 13th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, MTU Aero Engines has a consensus rating of “Hold” and a consensus target price of $235.75.
MTU Aero Engines Trading Up 2.3 %
OTCMKTS MTUAY opened at $99.62 on Friday. The company has a fifty day simple moving average of $83.88 and a two-hundred day simple moving average of $90.40. The stock has a market cap of $10.65 billion, a P/E ratio of 40.17 and a beta of 1.40. MTU Aero Engines has a 12-month low of $72.23 and a 12-month high of $121.66. The company has a current ratio of 1.33, a quick ratio of 0.93 and a debt-to-equity ratio of 0.53.
MTU Aero Engines Company Profile
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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