Boeing Company (The) (NYSE:BA)‘s stock had its “buy” rating restated by investment analysts at Jefferies Group LLC in a report issued on Friday. They currently have a $300.00 target price on the aircraft producer’s stock. Jefferies Group LLC’s target price would indicate a potential upside of 15.88% from the stock’s current price.

Other analysts also recently issued research reports about the company. Cowen and Company raised their price objective on Boeing Company (The) from $9.80 to $300.00 in a research note on Wednesday, July 26th. TheStreet raised Boeing Company (The) from a “c+” rating to a “b” rating in a research note on Wednesday, July 26th. Zacks Investment Research raised Boeing Company (The) from a “hold” rating to a “buy” rating and set a $228.00 price objective on the stock in a research note on Tuesday, July 11th. Vetr raised Boeing Company (The) from a “hold” rating to a “buy” rating and set a $206.38 price target on the stock in a research note on Thursday, June 29th. Finally, Berenberg Bank set a $245.00 price target on Boeing Company (The) and gave the company a “buy” rating in a research note on Friday, July 21st. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $241.21.

Shares of Boeing Company (BA) traded down 0.12% on Friday, hitting $258.58. The stock had a trading volume of 2,621,122 shares. Boeing Company has a one year low of $131.39 and a one year high of $259.30. The firm has a 50 day moving average price of $245.51 and a 200 day moving average price of $208.65. The company has a market capitalization of $152.84 billion, a P/E ratio of 22.65 and a beta of 1.21.

Boeing Company (The) (NYSE:BA) last issued its quarterly earnings data 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. The business had revenue of $22.74 billion for the quarter, compared to the consensus estimate of $22.97 billion. Boeing Company (The) had a return on equity of 2,185.10% and a net margin of 7.84%. The firm’s revenue was down 8.1% compared to the same quarter last year. During the same quarter last year, the business posted ($0.44) EPS. On average, equities research analysts predict that Boeing Company will post $10.01 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: This piece of content was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/10/06/boeing-company-the-ba-earns-buy-rating-from-jefferies-group-llc.html.

In other Boeing Company (The) news, SVP Thomas J. Downey sold 134 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $241.20, for a total transaction of $32,320.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Dennis A. Muilenburg sold 56,838 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $243.46, for a total transaction of $13,837,779.48. Following the sale, the chairman now owns 127,778 shares of the company’s stock, valued at $31,108,831.88. The disclosure for this sale can be found here. Insiders have sold 83,468 shares of company stock valued at $20,353,814 over the last 90 days. Company insiders own 0.28% of the company’s stock.

A number of hedge funds have recently modified their holdings of BA. Janus Henderson Group PLC raised its position 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 valued at $972,919,000 after buying an additional 4,852,679 shares in the last quarter. Harbour Capital Advisors LLC raised its position 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 valued at $6,787,000 after buying an additional 1,334,957 shares in the last quarter. AQR Capital Management LLC raised its position 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 valued at $464,732,000 after buying an additional 1,049,546 shares in the last quarter. Koch Industries Inc. raised its position 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 valued at $846,000 after buying an additional 848,467 shares in the last quarter. Finally, Principal Financial Group Inc. raised its position 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 valued at $285,303,000 after buying an additional 561,343 shares in the last quarter. Hedge funds and other institutional investors own 72.17% of the company’s stock.

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)

Receive News & Ratings for Boeing Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boeing Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.