A statement released earlier today by Hauck & Aufhäuser Privatbankiers KGaA about MTU Aero Engines (ETR:MTX) bumps the target price to 105.00EUR
- Updated: September 19, 2016
MTU Aero Engines (ETR:MTX) had its target price upped to 105EUR by Hauck & Aufhäuser Privatbankiers KGaA in an issued report announced 9/20/2016. The updated target price suggests a possible upside of 0.18% based on the company’s most recent closing price.
Previously on 9/19/2016, Hauck & Aufhäuser Privatbankiers KGaA reported on MTU Aero Engines(ETR:MTX) upped the target price from 0.00EUR to 105.00EUR that suggested an upside of 0.18%.
Displaying a price of 89.23EUR, MTU Aero Engines (ETR:MTX) traded 0.00% even on the day. With the last stock price up 9.14% from the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. MTU Aero Engines has logged a 50-day moving average of 68.68EUR and two hundred day average of 60.51EUR. 0 shares of MTU Aero Engines traded hands, down from ann average volume of 178,783
MTU Aero Engines has a price-earnings of 23 with a one-year low of 35.89EUR and a 52 week high of 72.54EUR. MTX’s market capitalization is presently 0.0 EUR.
A total of 4 equity analysts have issued a research note on MTU Aero Engines. Zero rate the company a strong buy, four analysts rate the company a buy, one firm rate the stock a hold, 0 rate the company to underperform, and lastly 0 brokeragesrate the stock as sell with a one year target of 69.25EUR
Brief Synopsis On MTU Aero Engines (ETR:MTX)
MTU Aero Engines AG, formerly Mtu Aero Engines Holding AG, is a Germany-based holding company engaged in the design, development and manufacture of engine modules and components for the military and commercial aircrafts. The Company also builds complete engines and manufactures industrial gas turbines. The Company divided its business activities into two segments: Original Equipment Manufacturing (OEM), covering the Company’s activities related to the design and manufacture of new engines and spare parts for commercial engine business and the military engine business, and Maintenance, Repair and Overhaul (MRO) segment, engaged in the provision of maintenance services, including the repair and overhaul of aircraft engines and industrial gas turbines, organized under MTU Maintenance. The Company’s partners include Pratt & Whitney, General Electric, and and Rolls-Royce.
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