DB ups MTU Aero to 'buy' on stronger 2030 view

MTU Aero Engines AG

19/06/2025 09:08

** Deutsche Bank upgrades MTU Aero Engines MTXGn.DE (MTU) to "buy" from "hold" saying that the German aircraft engine maker announced stronger than expected 2030 guidance

** The broker attributes the stronger outlook to airlines keeping existing fleets longer, boosting investment in engine maintenance, repair and overhaul (MRO) and spare parts

** Longer service life is increasing engine workscopes, enhancing demand for MTU's services, the broker says

** "Our consistently cautious approach to the GTF fleet management program now appears less justified," the broker says, expecting aircraft-on-ground levels to decline by late 2025

** Among the 21 analysts that cover MTU, 11 rate the stock "strong buy" or "buy," seven rate it "hold" and three "sell" or "strong sell" - LSEG data

 (Reporting by Maria Rugamer)

 ((Maria.Rugamer@thomsonreuters.com))