MTU Aero Engines AG
MTX: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @k$ | LOCK|Hk# | LOCK|<%>@!r |
MTU Aero Engines: We Increase Fair Value to EUR 300, Incorporating Updated Management Guidance
Business Strategy and Outlook
MTU Aero Engines, a leading engine component supplier and independent maintenance, repair, and overhaul provider, is well positioned to benefit from the narrow-body aircraft industry's long-term growth outlook. Despite covid-19's impact on short- to medium-term demand, air travel has been resilient with a consistent recovery driven by leisure travel, demand for narrow-body aircraft, and China's reopening.
