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 note published on Monday morning,Zacks.com reports.

MTU Aero Engines Trading Down 1.7 %

Shares of MTUAY opened at $166.55 on Monday. MTU Aero Engines has a fifty-two week low of $97.79 and a fifty-two week high of $171.86. The company has a market capitalization of $17.93 billion, a PE ratio of 23.52 and a beta of 1.45. The stock has a fifty day moving average of $159.78 and a two-hundred day moving average of $142.12. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.86 and a current ratio of 1.18.

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