Strong year, further growth expected
The MTU share is currently at around 396 euros and has increased by almost 24 percent since the beginning of the year. According to Deutsche Bank, the figures due on October 23 could confirm the positive development - mainly thanks to stable demand in the civil engine business and progress in maintenance and service.
Target price 430 euros – 8.6 percent potential
According to the analysis, there is further upside potential of around 8.6 percent at the current rate. The experts continue to see MTU as one of the most robust industrial titles in the DAX, supported by high order backlogs and the recovery of air traffic.
The Q3 figures are likely to become the next acid test – and determine whether MTU can continue the rally in 2025.