Goldman Sachs Group Inc. announced MTU Aero Engines (ETR:MTX), hiking its price target to 100.00EUR earlier today
- Updated: December 1, 2016
Reporting a potential upside of 0.02%, Goldman Sachs Group Inc. raised the target price of MTU Aero Engines (ETR:MTX) to 100.00EUR
Previously on 3/03/2016, equinet AG reported on MTU Aero Engines (ETR:MTX) increased the target price from 0.00EUR to 95.00EUR. At the time, this indicated a possible upside of 0.16%.
Just yesterday MTU Aero Engines (ETR:MTX) traded -1.98% lower at 97.57EUR. MTU Aero Engines’s 50-day moving average is 71.96EUR and its 200-day moving average is 65.99EUR. The last closing price is up 20.32% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 164,086 shares of MTX traded hands, down from an average trading volume of 180,838
Recent Performance Chart
MTU Aero Engines has 52 week low of 35.89EUR and a 52 week high of 81.75EUR with a PE ratio of 24.57 and has a market cap of 0 EUR.
Also covering MTU Aero Engines's price target, a total of 4 equity analysts have released a ratings update on MTX. The one year target is 69.25EUR with zero analysts rating the company a strong buy, four firms rating the stock a buy, 1 firm rating the stock a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the stock a sell.
General Information 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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