A statement released earlier today by Joh. Berenberg Gossler & Co. KG about MTU Aero Engines (ETR:MTX) bumps the target price to 99.00EUR
- Updated: September 21, 2016
Boasting a price of 89.71EUR, MTU Aero Engines (ETR:MTX) traded 2.97% higher on the day. With the last close up 11.45% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of 68.74EUR and a 200-day moving average of 60.98EUR. 121,313 shares of the stock were exchanged, down from an average trading volume of 182,636
Joh. Berenberg Gossler & Co. KG bumped up the target of MTU Aero Engines (ETR:MTX) to 99.00EUR stating a potential upside of 0.10%.
On Tuesday September 20, 2016, Hauck & Aufhäuser Privatbankiers KGaA released a statement for MTU Aero Engines (ETR:MTX) bumped up the target price from 0.00EUR to 105.00EUR that suggested an upside of 0.18%.
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MTU Aero Engines has a 52 week low of 35.89EUR and a 52 week high of 72.54EUR with a P/E ratio of 23.52 The company’s market cap is currently 0 EUR.
In addition to Joh. Berenberg Gossler & Co. KG reporting its target price, a total of 4 equity analysts have released a ratings update on MTX. The one year target is 69.25EUR with zero equity analysts rating the company a strong buy, four brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Company Details For 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 Rolls-Royce.
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