MTU Aero Engines has received a "Buy" rating from UBS, with a target price of 320 euros. This rating comes after UBS adjusted its forecasts and MTU Aero Engines released strong third-quarter results.
Analyst Kseniia Maslova noted that the company exceeded market expectations in its new and spare parts segments, as well as in commercial maintenance services. The report, published on October 15, 2024, highlights MTU Aero Engines' robust performance, which reflects a strong demand in the aerospace sector. UBS's positive outlook emphasizes the company's strong market position and growth potential in the upcoming quarters.