Deutsche Bank AG announced MTU Aero Engines (ETR:MTX), upping its target price to 77.00EUR earlier today
- Updated: September 27, 2016
Boasting a price of 88.38EUR, MTU Aero Engines (ETR:MTX) traded 0.96% higher on the day. With the last stock price close up 10.73% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. MTU Aero Engines has recorded a 50-day average of 68.88EUR and a two hundred day average of 61.52EUR. Trading volume was down over the average, with 168,653 shares of MTX changing hands under the typical 172,553
Deutsche Bank AG increased the price target of MTU Aero Engines (ETR:MTX) to 77.00EUR indicating a possible downside of -0.13%.
On 9/22/2016, Joh. Berenberg Gossler & Co. KG released a statement for MTU Aero Engines (ETR:MTX) bumped up the target price from 0.00EUR to 99.00EUR that suggested an upside of 0.10%.
With a total market value of 0 EUR, MTU Aero Engines has P/E ratio of 23.57 with a 52 week low of 35.89EUR and a 52 week high of 72.54EUR .
Also covering MTU Aero Engines's price target, a total of 4 brokers have issued a report on MTX. The one year target is 69.25EUR with zero brokers rating the stock a strong buy, 4 brokerages rating the stock a buy, 1 broker rating the stock a hold, zero equity analysts rating the company a underperform, and lastly zero analysts rating the company a sell.
More 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 Rolls-Royce.
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