Berenberg Bank Lowers MTU AERO ENGINE/ADR (OTCMKTS:MTUAY) to Hold

Berenberg Bank lowered shares of MTU AERO ENGINE/ADR (OTCMKTS:MTUAY) from a buy rating to a hold rating in a report issued on Friday, The Fly reports.

Other research analysts have also issued research reports about the stock. Societe Generale lowered shares of MTU AERO ENGINE/ADR from a hold rating to a sell rating in a report on Friday, July 26th. Citigroup lowered shares of MTU AERO ENGINE/ADR from a neutral rating to a sell rating in a research note on Monday, May 13th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold.

OTCMKTS MTUAY opened at $134.25 on Friday. MTU AERO ENGINE/ADR has a one year low of $88.15 and a one year high of $134.30. The company’s 50 day moving average price is $123.46 and its 200 day moving average price is $114.54. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.76 and a current ratio of 1.12. The firm has a market capitalization of $13.75 billion, a price-to-earnings ratio of 25.23 and a beta of 1.02.

About MTU AERO ENGINE/ADR

MTU Aero Engines AG is engaged in the development, manufacture, and trade of aviation engine and components. It operates its business through two segments: Original Equipment Manufacturing, and Maintenance, Repair and Overhaul. The Original Equipment Manufacturing segment comprises commercial and military engine businesses.

Further Reading: Compound Annual Growth Rate (CAGR)

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Analyst Recommendations for MTU AERO ENGINE/ADR (OTCMKTS:MTUAY)

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