MTU Aero Engines (ETR:MTX) Given a €232.00 Price Target at Berenberg Bank

Berenberg Bank set a €232.00 ($269.77) price target on MTU Aero Engines (ETR:MTX) in a research report released on Wednesday, June 26th, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

MTX has been the subject of several other research reports. Goldman Sachs Group set a €63.00 ($73.26) target price on shares of Lanxess and gave the stock a buy rating in a research note on Friday, May 10th. Warburg Research set a €98.00 ($113.95) price objective on shares of CEWE Stiftung & Co KGaA and gave the company a buy rating in a research note on Thursday, May 2nd. DZ Bank reaffirmed a buy rating on shares of Aurubis in a research note on Thursday, June 13th. Deutsche Bank cut shares of J B Hunt Transport Services from a buy rating to a sell rating and set a $98.51 price objective for the company. in a research note on Wednesday, April 17th. Finally, Hauck & Aufhaeuser set a €84.00 ($97.67) price objective on shares of Koenig & Bauer and gave the company a buy rating in a research note on Tuesday, April 30th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company’s stock. MTU Aero Engines currently has an average rating of Hold and an average price target of €204.94 ($238.31).

ETR MTX traded down €1.30 ($1.51) on Wednesday, hitting €217.60 ($253.02). 78,506 shares of the company were exchanged, compared to its average volume of 178,994. The stock has a market capitalization of $11.24 billion and a P/E ratio of 26.86. MTU Aero Engines has a 12 month low of €155.60 ($180.93) and a 12 month high of €220.40 ($256.28). The stock’s fifty day moving average is €205.70. The company has a debt-to-equity ratio of 49.71, a quick ratio of 0.76 and a current ratio of 1.12.

MTU Aero Engines Company Profile

MTU Aero Engines AG, together with its subsidiaries, designs, develops, manufactures, markets, and supports commercial and military engines modules, and components 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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Analyst Recommendations for MTU Aero Engines (ETR:MTX)

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