Societe Generale announced MTU Aero Engines (ETR:MTX), boosting its stock price target to 120.00EUR today
- Updated: February 11, 2017
In a report released on 2/12/2017 Societe Generale increased the stock price target of MTU Aero Engines (ETR:MTX) to 120.00EUR reporting a possible upside of 0.05%.
Previously on 2/11/2017, Societe Generale released a statement about MTU Aero Engines (ETR:MTX) increased the target price from 0.00EUR to 120.00EUR. At the time, this indicated a possible upside of 0.05%.
Yesterday MTU Aero Engines (ETR:MTX) traded 1.74% higher at 114.05EUR. The company’s 50-day moving average is 79.05EUR and its 200-day moving average is 73.15EUR. The last stock close price is up 8.20% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 200,295 shares of the stock were exchanged, up from an average trading volume of 163,598
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MTU Aero Engines has a price-earnings ratio of 20.88 with a one year low of 44.19EUR and a one year high of 83.85EUR MTX’s total market value is presently 0 EUR.
A total of 4 equity analysts have released a ratings update on MTX. zero equity analysts rating the company a strong buy, four equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 69.25EUR.
Brief Synopsis About MTU Aero Engines (ETR:MTX)
MTU Aero Engines AG, formerly Mtu Aero Engines Holding AG, is a Germany-based manufacturer of military aircraft engines in all thrust and power categories and stationary gas turbines. The Company operates in two segments: Commercial Original Equipment Manufacturing (OEM)And Spare Parts and Commercial Maintenance, Repair and Overhaul. The Commercial Original Equipment Manufacturing (OEM)And Spare Parts segment comprises the commercial and military engine businesses and includes the production, development, and miscellaneous other capacities. The Commercial Maintenance, Repair and Overhaul segment provides commercial maintenance activities. The Company operates through numerous subsidiaries in Europe, the Americas, Asia and Australia.
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