Boeing Company (The) (BA) : Average target price received by Boeing Company (The) (BA) is $147 with an expected standard deviation of $29.73. The most aggressive target on the stock is $188, whereas the most downbeat target is $98. 10 financial analysts are currently covering the stock.
Boeing Company (The) (BA) : The consensus on Boeing Company (The) (BA) based on 14 analyst recommendation on the company stock is 2.11, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Boeing Company (The) (BA).
Also, Morgan Stanley initiates coverage on Boeing Company (The) (NYSE:BA). Morgan Stanley has a Overweight rating on the shares. As per the latest report, the brokerage house announces the price target to $153 per share. The rating by the firm was issued on June 23, 2016.
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 $130.03 and $128.36 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $130.03. The buying momentum continued till the end and the stock did not give up its gains. It closed at $129.90, notching a gain of 0.35% for the day. The total traded volume was 2,807,237 . The stock had closed at $129.45 on the previous day.
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.