Chloe Lemaire, an analyst from Jefferies, maintained the Buy rating on MTU Aero Engines (0FC9 – Research Report). The associated price target remains the same with €430.00.
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Chloe Lemaire’s rating is based on several factors that indicate a positive outlook for MTU Aero Engines. One key point is the stability in storage levels, even during a period where an increase would typically be expected due to seasonal patterns. This suggests a robust supply chain and effective inventory management, which are critical for operational efficiency.
Furthermore, the report highlights a notable increase in the number of aircraft returning to service after being stored for over 60 days. This trend signifies improved part availability and reduced turnaround times, which are likely to enhance fleet utilization and operational hours. Such developments are favorable for MTU Aero Engines, supporting the Buy rating given by Chloe Lemaire.