Analyst Chloe Lemaire from Jefferies maintained a Buy rating on MTU Aero Engines (0FC9 – Research Report) and increased the price target to €410.00 from €400.00.
Chloe Lemaire has given her Buy rating due to a combination of factors influencing MTU Aero Engines’ outlook. One key consideration is the company’s ability to manage tariffs within the expected guidance, which reassures investors about its financial stability. Additionally, there is potential for the company to exceed its free cash flow targets, adding to its attractiveness as an investment.
Furthermore, the upcoming update at the Paris Airshow in June is anticipated to highlight strong topline and EBIT margin performance by 2030. MTU Aero Engines is also trading at a discount compared to Airbus, making it an appealing option in the civil aerospace sector. These elements collectively contribute to Chloe Lemaire’s positive outlook and Buy rating for the stock.
In another report released on May 7, Kepler Capital also maintained a Buy rating on the stock with a €350.00 price target.