My dears, now that $OHB (+28.79%) the 🚀 has already started. The investors seem to have realized today. That MTU is a supplier to OHB. And therefore also gets a slice of the cake from Dorothee Bär (Federal Minister for Research, Technology and Space).
Pistorius: 35 billion for space armament - a share takes off
FRANKFURT (dpa-AFX) - MTU shares on Tuesday showed signs of breaking out of the correction trend that has been intact since the July record. Up 3.4 percent to 386.50 euros, the shares of the engine manufacturer headed back towards their high of almost 396 euros.
In his outlook for the quarterly report on October 23, UBS expert Ian Douglas-Pennant gave investors hope that MTU will then surprise them with an increase in the targets it has set itself for the year. He is very confident of this, but the market is not yet expecting it. Investors are too focused on a normalization of the replacement turbine quota and have failed to recognize the general strength of the secondary market.
Douglas-Pennant's forecast for the operating result (EBIT) on an adjusted basis for the quarter is around 15 percent above consensus./ag/jha/
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