MTU Aero Engines AG (OTCMKTS:MTUAY) Receives Average Recommendation of “Hold” from Analysts

Shares of MTU Aero Engines AG (OTCMKTS:MTUAY) have received an average recommendation of “Hold” from the ten ratings firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company.

MTUAY has been the subject of a number of research reports. BNP Paribas Exane assumed coverage on MTU Aero Engines in a report on Monday, April 13th. They set an “outperform” rating for the company. UBS Group downgraded shares of MTU Aero Engines from a “hold” rating to a “sell” rating in a report on Friday, April 24th. Berenberg Bank lowered shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Zacks Research upgraded shares of MTU Aero Engines from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 14th. Finally, Kepler Capital Markets raised shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th.

MTU Aero Engines Stock Up 2.5%

MTU Aero Engines stock opened at $199.59 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.06 and a current ratio of 1.44. The business’s 50-day simple moving average is $190.48 and its two-hundred day simple moving average is $197.84. The company has a market cap of $21.50 billion, a PE ratio of 18.67 and a beta of 1.01. MTU Aero Engines has a fifty-two week low of $157.93 and a fifty-two week high of $238.57.

About MTU Aero Engines

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company’s activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.