MTU Aero Engines (OTCMKTS:MTUAY) Price Target Raised to €255.00 at JPMorgan Chase & Co.

MTU Aero Engines (OTCMKTS:MTUAYGet Rating) had its target price lifted by JPMorgan Chase & Co. from €245.00 ($257.89) to €255.00 ($268.42) in a research note issued to investors on Thursday morning, The Fly reports.

Several other analysts have also issued reports on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of MTU Aero Engines from €221.00 ($232.63) to €232.00 ($244.21) and gave the stock a buy rating in a research report on Thursday, February 17th. Barclays lowered shares of MTU Aero Engines from an overweight rating to an equal weight rating in a research report on Monday, March 28th. Zacks Investment Research lowered shares of MTU Aero Engines from a hold rating to a sell rating in a research report on Tuesday. Morgan Stanley increased their price target on shares of MTU Aero Engines from €176.00 ($185.26) to €178.00 ($187.37) and gave the stock an underweight rating in a research report on Thursday, February 17th. Finally, Oddo Bhf lowered shares of MTU Aero Engines from an outperform rating to a neutral rating in a research report on Wednesday, April 13th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, MTU Aero Engines presently has an average rating of Hold and a consensus price target of $221.67.

Shares of OTCMKTS:MTUAY opened at $99.00 on Thursday. The company’s 50 day moving average price is $108.85 and its two-hundred day moving average price is $107.33. MTU Aero Engines has a 12-month low of $91.69 and a 12-month high of $132.53. The firm has a market cap of $10.58 billion, a PE ratio of 29.06 and a beta of 1.41. The company has a quick ratio of 0.92, a current ratio of 1.37 and a debt-to-equity ratio of 0.52.

MTU Aero Engines (OTCMKTS:MTUAYGet Rating) last announced its earnings results on Wednesday, February 16th. The company reported $1.14 earnings per share (EPS) for the quarter. MTU Aero Engines had a net margin of 5.53% and a return on equity of 12.42%. The firm had revenue of $1.35 billion for the quarter. On average, research analysts expect that MTU Aero Engines will post 4.49 EPS for the current year.

The business also recently announced a dividend, which will be paid on Tuesday, May 24th. Shareholders of record on Monday, May 9th will be given a $0.8009 dividend. The ex-dividend date is Friday, May 6th. This represents a yield of 0.8%. MTU Aero Engines’s dividend payout ratio is currently 20.56%.

About MTU Aero Engines (Get Rating)

MTU Aero Engines AG, together with its subsidiaries, develops, manufactures, markets, and maintains commercial and military engines, and aero derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments, Commercial and Military Engine Business; and Commercial Maintenance Business.

Further Reading

The Fly logo

Analyst Recommendations for MTU Aero Engines (OTCMKTS:MTUAY)

Receive News & Ratings for MTU Aero Engines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTU Aero Engines and related companies with MarketBeat.com's FREE daily email newsletter.