MTU Aero Engines AG (OTCMKTS:MTUAY) Given Average Rating of “Moderate Buy” by Brokerages

MTU Aero Engines AG (OTCMKTS:MTUAY) has been given an average recommendation of “Moderate Buy” by the seven brokerages that are covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company.

Several brokerages have recently weighed in on MTUAY. Jefferies Financial Group reiterated a “buy” rating on shares of MTU Aero Engines in a research note on Thursday, October 23rd. Royal Bank Of Canada raised MTU Aero Engines to a “hold” rating in a research report on Tuesday, November 18th. Finally, Zacks Research lowered MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 16th.

MTU Aero Engines Trading Up 1.8%

MTUAY opened at $225.06 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.58. MTU Aero Engines has a 52 week low of $145.02 and a 52 week high of $232.86. The business’s 50 day moving average is $215.37 and its two-hundred day moving average is $216.80. The firm has a market cap of $24.23 billion, a price-to-earnings ratio of 24.38 and a beta of 1.08.

MTU Aero Engines Company Profile

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.