Recent Research Analysts’ Ratings Updates for Boeing (BA)

Boeing (NYSE: BA) has recently received a number of price target changes and ratings updates:

  • 6/13/2024 – Boeing had its price target raised by analysts at Bank of America Co. from $180.00 to $200.00. They now have a “neutral” rating on the stock.
  • 6/7/2024 – Boeing had its price target lowered by analysts at UBS Group AG from $250.00 to $240.00. They now have a “buy” rating on the stock.
  • 6/3/2024 – Boeing was upgraded by analysts at Baird R W to a “strong-buy” rating.
  • 6/3/2024 – Boeing had its price target lowered by analysts at Sanford C. Bernstein from $230.00 to $215.00. They now have an “outperform” rating on the stock.
  • 6/3/2024 – Boeing had its price target lowered by analysts at Robert W. Baird from $300.00 to $240.00. They now have an “outperform” rating on the stock.
  • 5/15/2024 – Boeing had its “positive” rating reaffirmed by analysts at Susquehanna. They now have a $230.00 price target on the stock.
  • 5/15/2024 – Boeing had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $240.00 price target on the stock.
  • 4/30/2024 – Boeing was downgraded by analysts at Argus from a “buy” rating to a “hold” rating.
  • 4/26/2024 – Boeing was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
  • 4/25/2024 – Boeing had its price target lowered by analysts at Citigroup Inc. from $252.00 to $224.00. They now have a “buy” rating on the stock.
  • 4/25/2024 – Boeing had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $240.00 to $225.00. They now have a “buy” rating on the stock.
  • 4/22/2024 – Boeing had its price target lowered by analysts at Barclays PLC from $235.00 to $190.00. They now have an “equal weight” rating on the stock.

Boeing Stock Down 1.9 %

BA traded down $3.40 on Tuesday, reaching $174.99. 6,163,452 shares of the company traded hands, compared to its average volume of 8,642,742. The Boeing Company has a one year low of $159.70 and a one year high of $267.54. The company has a market cap of $107.42 billion, a P/E ratio of -49.29 and a beta of 1.55. The firm has a fifty day simple moving average of $177.38 and a two-hundred day simple moving average of $202.05.

Boeing (NYSE:BAGet Free Report) last issued its quarterly earnings data on Wednesday, April 24th. The aircraft producer reported ($1.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.43) by $0.30. The firm had revenue of $16.57 billion during the quarter, compared to analysts’ expectations of $17.69 billion. On average, equities analysts forecast that The Boeing Company will post -1.48 earnings per share for the current year.

Institutional Trading of Boeing

Several large investors have recently bought and sold shares of BA. Strategic Blueprint LLC grew its holdings in shares of Boeing by 8.7% during the fourth quarter. Strategic Blueprint LLC now owns 3,295 shares of the aircraft producer’s stock worth $859,000 after buying an additional 264 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its position in shares of Boeing by 41.5% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 15,761 shares of the aircraft producer’s stock worth $4,108,000 after purchasing an additional 4,622 shares in the last quarter. Orca Investment Management LLC lifted its position in shares of Boeing by 5.5% during the fourth quarter. Orca Investment Management LLC now owns 3,772 shares of the aircraft producer’s stock worth $983,000 after purchasing an additional 195 shares in the last quarter. One Charles Private Wealth Services LLC acquired a new stake in shares of Boeing during the fourth quarter worth about $205,000. Finally, Morse Asset Management Inc lifted its position in shares of Boeing by 65.0% during the third quarter. Morse Asset Management Inc now owns 7,999 shares of the aircraft producer’s stock worth $1,533,000 after purchasing an additional 3,152 shares in the last quarter. Hedge funds and other institutional investors own 64.82% of the company’s stock.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

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