Boeing Company (The) (NYSE:BA) had its target price boosted by investment analysts at Deutsche Bank AG to $300.00 in a report issued on Thursday. The brokerage presently has a “buy” rating on the aircraft producer’s stock. Deutsche Bank AG’s price objective suggests a potential upside of 24.00% from the stock’s current price.

A number of other brokerages have also issued reports on BA. Argus restated a “buy” rating and set a $270.00 price target on shares of Boeing Company (The) in a research note on Tuesday, August 1st. Vetr lowered shares of Boeing Company (The) from a “strong-buy” rating to a “buy” rating and set a $269.69 price target on the stock. in a research note on Wednesday. Canaccord Genuity restated a “hold” rating and set a $215.00 price target (up previously from $200.00) on shares of Boeing Company (The) in a research note on Sunday, July 30th. J P Morgan Chase & Co upped their price target on shares of Boeing Company (The) from $20.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, July 31st. Finally, TheStreet upgraded shares of Boeing Company (The) from a “c+” rating to a “b” rating in a research note on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $233.03.

Shares of Boeing Company (NYSE:BA) traded up 1.2926% during midday trading on Thursday, reaching $245.0570. 2,735,660 shares of the company traded hands. Boeing Company has a 1-year low of $126.34 and a 1-year high of $246.49. The company has a 50 day moving average price of $237.29 and a 200 day moving average price of $200.08. The company has a market capitalization of $144.85 billion, a PE ratio of 21.4699 and a beta of 1.18.

Boeing Company (The) (NYSE:BA) last issued its quarterly earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.32 by $0.23. Boeing Company (The) had a net margin of 7.84% and a return on equity of 2,185.10%. The business had revenue of $22.74 billion for the quarter, compared to analyst estimates of $22.97 billion. During the same quarter in the prior year, the business posted ($0.44) EPS. Boeing Company (The)’s revenue for the quarter was down 8.1% compared to the same quarter last year. On average, analysts expect that Boeing Company will post $9.99 earnings per share for the current year.

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In other Boeing Company (The) news, SVP Robert E. Verbeck sold 2,522 shares of the stock in a transaction on Monday, July 31st. The shares were sold at an average price of $244.45, for a total transaction of $616,502.90. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Heidi B. Capozzi sold 4,217 shares of the stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $241.51, for a total transaction of $1,018,447.67. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 83,468 shares of company stock worth $20,353,814. Insiders own 0.28% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. Clear Perspective Advisors LLC lifted its holdings in Boeing Company (The) by 31.0% during the second quarter. Clear Perspective Advisors LLC now owns 571 shares of the aircraft producer’s stock valued at $113,000 after purchasing an additional 135 shares in the last quarter. Proficio Capital Partners LLC lifted its stake in shares of Boeing Company (The) by 181.9% in the first quarter. Proficio Capital Partners LLC now owns 623 shares of the aircraft producer’s stock worth $115,000 after buying an additional 402 shares in the last quarter. Vantage Investment Advisors LLC lifted its stake in shares of Boeing Company (The) by 11.1% in the second quarter. Vantage Investment Advisors LLC now owns 841 shares of the aircraft producer’s stock worth $123,000 after buying an additional 84 shares in the last quarter. MCF Advisors LLC lifted its stake in shares of Boeing Company (The) by 9.5% in the first quarter. MCF Advisors LLC now owns 712 shares of the aircraft producer’s stock worth $126,000 after buying an additional 62 shares in the last quarter. Finally, SRS Capital Advisors Inc. lifted its stake in shares of Boeing Company (The) by 16.9% in the first quarter. SRS Capital Advisors Inc. now owns 742 shares of the aircraft producer’s stock worth $131,000 after buying an additional 107 shares in the last quarter. 72.31% of the stock is currently owned by institutional investors and hedge funds.

About Boeing Company (The)

The Boeing Company is an aerospace company. The Company’s segments include Commercial Airplanes; Defense, Space & Security (BDS), such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry.

Analyst Recommendations for Boeing Company (The) (NYSE:BA)

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