MTU Aero Engines (OTCMKTS:MTUAY) Upgraded by The Goldman Sachs Group to Strong-Buy Rating

The Goldman Sachs Group upgraded shares of MTU Aero Engines (OTCMKTS:MTUAY) from a hold rating to a strong-buy rating in a research report released on Monday morning,Zacks.com reports.

MTU Aero Engines Stock Performance

Shares of MTUAY opened at $163.98 on Monday. The company has a quick ratio of 0.86, a current ratio of 1.18 and a debt-to-equity ratio of 0.57. The stock has a market cap of $17.65 billion, a P/E ratio of 23.16 and a beta of 1.45. The business’s 50 day moving average price is $160.44 and its 200-day moving average price is $142.43. MTU Aero Engines has a 52 week low of $97.79 and a 52 week high of $171.86.

MTU Aero Engines (OTCMKTS:MTUAY) last released its earnings results on Thursday, October 24th. The company reported $2.02 EPS for the quarter. MTU Aero Engines had a return on equity of 23.13% and a net margin of 10.16%. The business had revenue of $2.08 billion for the quarter. Equities research analysts anticipate that MTU Aero Engines will post 7.34 earnings per share for the current fiscal year.

About MTU Aero Engines

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of 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: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).