LONDON (dpa-AFX Broker) - The British investment bank Barclays has raised its target price for MTU from 211 to 254 euros, but left the rating at "Equal Weight". The lower growth as well as the lower predictability of the profit and liquidity development (free cash flow) compared to the competitors is the main reason why she maintains her neutral vote for the shares of the engine manufacturer, wrote analyst Milene Kerner in a study published on Thursday. The expert justified the higher price target, among other things, by the fact that it now takes into account estimates for 2026. The move also reflects the increased sector valuation.

Publication of the original study: 03.04.2024 / 20:24 / GMT First publication of the original study: 04.04.2024 / 03:00 / GMT

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