Boeing Company (The) (NYSE:BA)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Group LLC in a report issued on Saturday. They presently have a $275.00 target price on the aircraft producer’s stock. Jefferies Group LLC’s price objective indicates a potential upside of 10.44% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Cowen and Company raised their target price on shares of Boeing Company (The) from $9.80 to $300.00 in a research report on Wednesday, July 26th. TheStreet raised shares of Boeing Company (The) from a “c+” rating to a “b” rating in a research report on Wednesday, July 26th. Zacks Investment Research raised shares of Boeing Company (The) from a “hold” rating to a “buy” rating and set a $228.00 target price for the company in a research report on Tuesday, July 11th. ValuEngine upgraded shares of Boeing Company (The) from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, Vetr upgraded shares of Boeing Company (The) from a “hold” rating to a “buy” rating and set a $206.38 price target for the company in a research note on Thursday, June 29th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $233.03.

Shares of Boeing Company (NYSE BA) opened at 249.00 on Friday. The company has a market capitalization of $147.18 billion, a P/E ratio of 21.82 and a beta of 1.18. Boeing Company has a 52-week low of $127.27 and a 52-week high of $249.95. The stock’s 50 day moving average is $238.70 and its 200 day moving average is $201.20.

Boeing Company (The) (NYSE:BA) last posted its earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 EPS for the quarter, topping the Thomson Reuters’ 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 firm had revenue of $22.74 billion during the quarter, compared to analysts’ expectations of $22.97 billion. During the same period last year, the company posted ($0.44) EPS. The company’s quarterly revenue was down 8.1% compared to the same quarter last year. Equities analysts expect that Boeing Company will post $9.99 EPS for the current year.

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In related news, SVP Heidi B. Capozzi sold 4,217 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $241.51, for a total value of $1,018,447.67. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Thomas J. Downey sold 134 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $241.20, for a total transaction of $32,320.80. The disclosure for this sale can be found here. In the last three months, insiders sold 83,468 shares of company stock worth $20,353,814. 0.28% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently bought and sold shares of BA. Janus Henderson Group PLC boosted its holdings in shares of Boeing Company (The) by 7,215.0% in the second quarter. Janus Henderson Group PLC now owns 4,919,937 shares of the aircraft producer’s stock worth $972,919,000 after buying an additional 4,852,679 shares during the last quarter. Harbour Capital Advisors LLC boosted its holdings in shares of Boeing Company (The) by 18,613.5% in the second quarter. Harbour Capital Advisors LLC now owns 1,342,129 shares of the aircraft producer’s stock worth $6,787,000 after buying an additional 1,334,957 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Boeing Company (The) by 66.5% in the first quarter. AQR Capital Management LLC now owns 2,627,684 shares of the aircraft producer’s stock worth $464,732,000 after buying an additional 1,049,546 shares during the last quarter. Koch Industries Inc. boosted its holdings in shares of Boeing Company (The) by 61,128.7% in the second quarter. Koch Industries Inc. now owns 849,855 shares of the aircraft producer’s stock worth $846,000 after buying an additional 848,467 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in shares of Boeing Company (The) by 63.7% in the second quarter. Principal Financial Group Inc. now owns 1,442,748 shares of the aircraft producer’s stock worth $285,303,000 after buying an additional 561,343 shares during the last quarter. 72.31% of the stock is currently owned by institutional investors.

Boeing Company (The) Company Profile

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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