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
Just yesterday MTU Aero Engines (ETR:MTX) traded 0.00% even at 89.23EUR. MTU Aero Engines’s 50-day moving average is 68.68EUR and its 200-day average is 60.51EUR. With the last close up 9.14% relative to the 200-day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. 0 shares of the stock traded, down from ann avg. trading volume of 178,783.
In an issued report on 9/19/2016 Hauck & Aufhäuser Privatbankiers KGaA raised the target price of MTU Aero Engines (ETR:MTX) from 0EUR to 105EUR indicating a possible upsideof 0.18%.
Previously on Tuesday September 6 2016, Goldman Sachs Group Inc. released a statement about MTU Aero Engines(ETR:MTX) raised the target price from 0.00EUR to 96.00EUR that indicated a possible upside of 0.04%.
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Also covering MTU Aero Engines’s target price, a total of 4 firms have issued a report on the company. The average target price is 69.25EUR with 0 rating the stock a strong buy, four analysts rating the company a buy, one firm rating the stock a hold, 0 rating the company to underperform, and finally 0 analysts rating the stock as sell.
With a total market value of 0.0 EUR, MTU Aero Engines has a P/E of 23 with a one-year low of 35.89EUR and a 52 week high of 72.54EUR.
Brief Synopsis About 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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