Shares of Boeing Company (The) (NYSE:BA) have been assigned a consensus recommendation of “Buy” from the twenty-five analysts that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $261.74.

BA has been the subject of several recent analyst reports. Zacks Investment Research raised Boeing Company (The) from a “hold” rating to a “buy” rating and set a $228.00 price target for the company in a report on Tuesday, July 11th. Deutsche Bank AG lifted their target price on Boeing Company (The) to $300.00 and gave the stock a “buy” rating in a report on Thursday, September 14th. Berenberg Bank set a $245.00 target price on Boeing Company (The) and gave the stock a “buy” rating in a report on Friday, July 21st. Jefferies Group LLC reaffirmed a “buy” rating and set a $300.00 target price on shares of Boeing Company (The) in a report on Friday, October 6th. Finally, Credit Suisse Group reaffirmed a “sell” rating on shares of Boeing Company (The) in a report on Friday, July 28th.

In related news, SVP Thomas J. Downey sold 134 shares of the business’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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.28% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Riverpoint Wealth Management Holdings LLC increased its position in shares of Boeing Company (The) by 0.3% during the second quarter. Riverpoint Wealth Management Holdings LLC now owns 1,438 shares of the aircraft producer’s stock worth $293,000 after purchasing an additional 4 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. increased its position in shares of Boeing Company (The) by 0.3% during the second quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 2,131 shares of the aircraft producer’s stock worth $421,000 after purchasing an additional 6 shares in the last quarter. Accredited Investors Inc. increased its position in shares of Boeing Company (The) by 0.4% during the second quarter. Accredited Investors Inc. now owns 1,643 shares of the aircraft producer’s stock worth $325,000 after purchasing an additional 6 shares in the last quarter. GWM Advisors LLC increased its position in shares of Boeing Company (The) by 0.6% during the first quarter. GWM Advisors LLC now owns 1,324 shares of the aircraft producer’s stock worth $233,000 after purchasing an additional 8 shares in the last quarter. Finally, Silicon Valley Capital Partners increased its position in shares of Boeing Company (The) by 0.7% during the second quarter. Silicon Valley Capital Partners now owns 1,240 shares of the aircraft producer’s stock worth $245,000 after purchasing an additional 9 shares in the last quarter. Hedge funds and other institutional investors own 72.23% of the company’s stock.

Boeing Company (BA) opened at 257.98 on Wednesday. The firm’s 50-day moving average is $256.44 and its 200 day moving average is $219.62. Boeing Company has a 1-year low of $138.80 and a 1-year high of $267.21. The company has a market cap of $152.49 billion, a PE ratio of 22.60 and a beta of 1.21.

Boeing Company (The) (NYSE:BA) last issued its quarterly earnings results on Wednesday, October 25th. The aircraft producer reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.65 by $0.07. The business had revenue of $24.31 billion during the quarter, compared to the consensus estimate of $24.09 billion. Boeing Company (The) had a return on equity of 12,064.25% and a net margin of 7.33%. The company’s quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the company earned $3.51 earnings per share. Analysts predict that Boeing Company will post $10.17 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 10th will be given a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date of this dividend is Thursday, November 9th. Boeing Company (The)’s dividend payout ratio (DPR) is presently 52.21%.

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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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