Boeing Company (The) (BA): Price Target and June Short Interest Disclosure

Boeing Company (The) (BA) : The highest short term price target forecast on Boeing Company (The) (BA) is $196 and the lowest target price is $98. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $146.58 with a standard deviation of $28.73.

The short interest in Boeing Company (The) (BA) has declined from 30,127,234 on June 15,2016 to 28,490,178 on June 30,2016. The change was measured at 1,637,056 shares or 5.4%. The leftover shorts were 4.5% of the floated shares. The days to cover are 6, given the average daily volume of 4,923,476 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Morgan Stanley initiates coverage on Boeing Company (The) (NYSE:BA). The shares have now been rated Overweight by the stock experts at the ratings house. Morgan Stanley announces the current price target of $153 per share on Boeing Company (The). The rating by the firm was issued on June 23, 2016.


Boeing Company (The) (NYSE:BA): stock turned positive on Thursday. Though the stock opened at $131.63, the bulls momentum made the stock top out at $131.9175 level for the day. The stock recorded a low of $130.2 and closed the trading day at $131.55, in the green by 1.11%. The total traded volume for the day was 3,984,053. The stock had closed at $130.11 in the previous days trading.

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.

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