Boeing Company (The) (BA) Receives ‘Analyst’ Rating

Boeing Company (The) (BA) has an average broker rating of 2.11, which is interpreted as a Buy, as rated by 14 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

Boeing Company (The) (BA) : 10 Wall Street analysts covering Boeing Company (The) (BA) believe that the average level the stock could reach for the short term is $147. The maximum price target given is $188 and the minimum target for short term is around $98, hence the standard deviation is calculated at $29.73.


Also, Morgan Stanley initiates coverage on Boeing Company (The) (NYSE:BA) The current rating of the shares is Overweight. Equity Analysts at the Firm announces the price target to $153 per share. The rating by the firm was issued on June 23, 2016.

Boeing Company (The) (NYSE:BA): After opening at $127.57, the stock dipped to an intraday low of $126.9356 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $128.46 and the buying power remained strong till the end. The stock closed at $127.77 for the day, a gain of 0.08% for the day session. The total traded volume was 3,476,794. The stocks close on the previous trading day was $127.67.

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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