MTU Aero Engines (ETR:MTX) Given a €240.00 Price Target at Berenberg Bank

MTU Aero Engines (ETR:MTXGet Rating) received a €240.00 ($244.90) price objective from equities research analysts at Berenberg Bank in a report issued on Thursday, Borsen Zeitung reports. Berenberg Bank’s price target points to a potential upside of 21.64% from the company’s current price.

A number of other equities research analysts have also issued reports on MTX. JPMorgan Chase & Co. set a €280.00 ($285.71) price target on MTU Aero Engines in a research note on Friday, November 18th. Barclays set a €239.00 ($243.88) target price on MTU Aero Engines in a research report on Tuesday, October 18th. Deutsche Bank Aktiengesellschaft set a €240.00 ($244.90) target price on MTU Aero Engines in a research report on Friday, November 18th. Jefferies Financial Group set a €250.00 ($255.10) target price on MTU Aero Engines in a research report on Friday, November 18th. Finally, Bank Of America (Bofa) set a €185.00 ($188.78) target price on MTU Aero Engines in a research report on Tuesday, September 13th.

MTU Aero Engines Price Performance

Shares of MTX stock opened at €197.30 ($201.33) on Thursday. MTU Aero Engines has a 52-week low of €149.20 ($152.24) and a 52-week high of €221.10 ($225.61). The company has a debt-to-equity ratio of 50.16, a quick ratio of 0.90 and a current ratio of 1.32. The firm has a market capitalization of $10.51 billion and a P/E ratio of 44.54. The stock has a 50 day moving average price of €169.95 and a 200 day moving average price of €177.36.

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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