Boeing Company (The) (BA) : Zacks Investment Research ranks Boeing Company (The) (BA) as 3, which is a Hold recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 16 research analysts is 2.09, which indicates as a Buy.
Boeing Company (The) (BA) : The most positive equity analysts on Boeing Company (The) (BA) expects the shares to touch $196, whereas, the least positive believes that the stock will trade at $98 in the short term. The company is covered by 11 Wall Street Brokerage Firms. The average price target for shares are $151.09 with an expected fluctuation of $31.79 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Boeing Company (The) (NYSE:BA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $132.85 and $132.30 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $133.56. The buying momentum continued till the end and the stock did not give up its gains. It closed at $133.00, notching a gain of 0.54% for the day. The total traded volume was 2,275,674 . The stock had closed at $132.28 on the previous day.
In a related news, Stephenson Randall L, director of Boeing Co, executed a transaction worth $250,508 on August 1, 2016. A total of 1,871 shares were purchased at an average price of $133.89. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
The Boeing Company, together with its subsidiaries, is an aerospace company. The Company operates through five segments: Commercial Airplanes, Boeing Military Aircraft (BMA), Network & Space Systems (N&SS), Global Services & Support (GS&S) and Boeing Capital (BCC). The Defense, Space & Security (BDS) business includes BMA, N&SS and GS&S. The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services. The BMA segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for global strike. The N&SS segment is engaged in the research, development, production and modification of the products and related services. The GS&S segment provides a range of support solutions. The BCC segments portfolio consists of equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease and investments.