A statement released earlier today by Joh. Berenberg Gossler & Co. KG about MTU Aero Engines (ETR:MTX) raises the target price to 99.00EUR
- Updated: September 24, 2016
Having a price of 89.71EUR, MTU Aero Engines (ETR:MTX) traded -1.29% lower on the day. With the last close up 10.93% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. MTX has recorded a 50-day average of 68.96EUR and a two hundred day average of 61.17EUR. Trade Volume was down over the average, with 145,906 shares of MTX changing hands under the typical 184,706
In a report announced on 9/22/2016 Joh. Berenberg Gossler & Co. KG raised the target price of MTU Aero Engines (ETR:MTX) to 99.00EUR reporting a possible upside of 0.10%.
On Wednesday September 21, 2016, Joh. Berenberg Gossler & Co. KG released a statement on MTU Aero Engines (ETR:MTX) upped the target price from 0.00EUR to 99.00EUR that suggested an upside of 0.10%.
Recent Performance Chart
MTU Aero Engines has PE ratio of 23.48 with a one year low of 35.89EUR and a one year high of 72.54EUR and has a market capitalization of 0 EUR.
A total of 4 analysts have released a report on MTU Aero Engines. zero analysts rating the company a strong buy, four analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 69.25EUR.
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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