MTU stock holds as Jefferies keeps Buy and 460 euro target

MTU stock (ISIN DE000A0D9PT0) is trading at about EUR 346.80 after Jefferies kept a Buy rating and a 460 euro target on September 4, 2026.

Jefferies keeps the case open

According to the Jefferies note reported by MarketScreener, analyst Chloe Lemarie left the rating at Buy and kept the target at 460 euros on September 4, 2026. The same report showed MTU at EUR 346.80 in Tradegate estimates, 3.75 percent below the level at the start of 2026.

That gap leaves the shares 32.5 percent below the 460 euro target. The figure matters because the article also cites a 5-day gain of 0.67 percent and a January 1 change of minus 2.59 percent, so the recent bounce has not yet closed the valuation gap.

Quarterly numbers still guide the debate

For the quarter ended July 30, 2026, MTU reported EPS of USD 2.82 against USD 2.83 expected, while revenue came in at USD 2.83 billion versus USD 2.60 billion expected. MarketBeat data in the same report also put the stock at a market capitalization of USD 21.55 billion on September 3, 2026.

That mix is useful for investors: revenue beat by USD 230 million, but EPS missed by USD 0.01. The market is still weighing the profit mix more than the top line.

Services remain central

MTU Aero Engines develops, manufactures and services commercial and military aero engines, and the latest quarter kept that services mix in the center of the story. MarketBeat cited a return on equity of 22.42 percent and a net margin of 10.43 percent for the same quarter ended July 30, 2026.

Stock level and profile

MTU stock traded at USD 199.7550 on September 3, 2026, after a USD 197.30 previous close, with market capitalization at USD 21.55 billion. The shares also changed hands in 234,474 lots, compared with 29,534 in the prior session.