UBS has increased its price target for MTU Aero Engines to 370 euros, while keeping its "Buy" rating.
Analyst Ian Douglas-Pennant expects the company to announce positive targets for 2025 during its upcoming capital market day on November 29, despite already high expectations.
In the long term, the analyst sees further growth potential for MTU, especially with the integration of GTF engines into its service offerings.
Since the initial recommendation, MTU Aero Engines has seen a significant 57% increase, confirming its status as a champion share according to boerse.de.