MTU stock holds near 352 euros after JPMorgan kept Buy
Published on 08/24/2026 at 18:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
MTU Aero Engines AG (ISIN DE000A0D9PT0) traded at 352.40 euros on Xetra on August 21, 2026, after a 1.92 percent drop in the latest completed session, while a fresh analyst note kept the target at 465 euros. The same market snapshot put the company's equity value at 18.98 billion euros, giving investors a clear read on how far the share price still sits below that level.
Analyst call stays constructive
JPMorgan kept its Overweight view and 465 euro target for MTU in a note published on August 24, 2026, with the quoted average target at 404.65 euros and a 14.83 percent gap to the last close. The call matters because it came after the company's half-year numbers and kept the higher-end valuation framework intact.
The latest session also showed a tight recent trading band: 352.40 euros on August 21, 2026, after 359.30 euros on August 20 and 365.90 euros on August 19. That sequence leaves the stock 0.82 percent lower for 2026 in the cited market view, even after a 3-month gain of 19.05 percent.
Half-year base
The market debate still rests on MTU's most recent interim results, which the analyst note referenced as half-year figures. On that basis, the stock is being judged against a current reporting window rather than a stale annual comparison, which keeps the focus on execution through the rest of 2026.
For investors, the key comparison is straightforward: a 352.40 euro close against a 404.65 euro average target and a 465 euro firm target. That spread leaves room for further debate even after the recent consolidation.
Product backbone
MTU's core business remains aircraft engines and engine services, with the company positioned around commercial aviation maintenance, repair and overhaul as well as engine programs. That mix is the reason half-year operating trends and aftermarket demand matter more than one isolated session.
In the latest market readout, the shares were still quoted in the mid-300 euro range, and the session move of minus 1.92 percent on August 21, 2026, kept the stock below the 360 euro area that appeared in prior closes.
Stock level
As of August 21, 2026, MTU stock stood at 352.40 euros on Xetra, with market value at 18.98 billion euros in the cited overview. That leaves the share price well below the 465 euro target but still inside a range that has recently attracted continued analyst support.
Company and market data
Company: MTU Aero Engines AG
ISIN: DE000A0D9PT0
Ticker: MTX
Exchange: Xetra
Price (as of August 21, 2026): 352.40 euros
Market cap: 18.98 billion euros
Sector / Industry: Aerospace / Aircraft engines and services
Index membership: DAX
More on MTU stock
MTU Aero Engines stock is being priced as a mature aerospace services and engine program name, with the market currently weighing the 352.40 euro close against the 404.65 euro average analyst target and 465 euro JPMorgan target.
