The Boeing Company PT Raised to $134.00 (BA)
Equities research analysts at RBC Capital boosted their price target on shares of The Boeing Company (NYSE:BA) from $11.00 to $134.00 in a research note issued to investors on Tuesday. RBC Capital’s target price would indicate a potential upside of 5.68% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Buckingham Research downgraded shares of The Boeing Company from a “neutral” rating to an “underperform” rating in a research note on Tuesday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of The Boeing Company in a research note on Tuesday, August 12th. They now have a $127.00 price target on the stock. Finally, analysts at CRT Capital raised their price target on shares of The Boeing Company from $165.00 to $169.00 in a research note on Thursday, August 7th. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and fifteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $150.09.
Shares of The Boeing Company (NYSE:BA) traded down 1.72% on Tuesday, hitting $124.6248. 2,774,212 shares of the company’s stock traded hands. The Boeing Company has a 1-year low of $104.62 and a 1-year high of $144.57. The stock’s 50-day moving average is $124.7 and its 200-day moving average is $127.9. The company has a market cap of $89.806 billion and a P/E ratio of 19.21.
The Boeing Company (NYSE:BA) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $2.42 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.98 by $0.44. The company had revenue of $22.05 billion for the quarter, compared to the consensus estimate of $22.47 billion. During the same quarter last year, the company posted $1.67 earnings per share. The Boeing Company’s revenue was up 1.1% compared to the same quarter last year. On average, analysts predict that The Boeing Company will post $8.22 earnings per share for the current fiscal year.
The Boeing Company (NYSE:BA) is an aerospace company.
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