MTU Aero Engines (OTCMKTS:MTUAY – Get Free Report) was upgraded by Citigroup from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Friday, FlyOnTheWall reports.
MTUAY has been the subject of several other research reports. Morgan Stanley began coverage on shares of MTU Aero Engines in a research note on Tuesday, June 13th. They issued an “equal weight” rating for the company. BNP Paribas upgraded shares of MTU Aero Engines from an “underperform” rating to a “neutral” rating in a report on Thursday, July 27th. Stifel Nicolaus assumed coverage on shares of MTU Aero Engines in a report on Wednesday, August 30th. They set a “buy” rating for the company. Finally, UBS Group cut shares of MTU Aero Engines from a “buy” rating to a “neutral” rating in a report on Thursday, August 10th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $251.75.
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MTU Aero Engines Trading Down 1.2 %
OTCMKTS MTUAY opened at $85.17 on Friday. The firm has a 50 day simple moving average of $111.65 and a 200-day simple moving average of $120.24. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.94 and a current ratio of 1.35. MTU Aero Engines has a one year low of $72.23 and a one year high of $134.54. The firm has a market cap of $9.11 billion, a price-to-earnings ratio of 21.29 and a beta of 1.39.
MTU Aero Engines Company Profile
MTU Aero Engines AG, together with its subsidiaries, develops, manufactures, markets, and maintains commercial and military aircraft 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.
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