Boeing Company (The) (NYSE:BA) has been assigned a $250.00 price objective by investment analysts at Nord/LB in a research note issued on Thursday. The brokerage presently has a “neutral” rating on the aircraft producer’s stock. Nord/LB’s price target indicates a potential downside of 3.09% from the company’s previous close.

A number of other research analysts have also recently commented on BA. Cowen and Company reissued a “buy” rating and set a $315.00 target price on shares of Boeing Company (The) in a research report on Thursday, October 26th. Royal Bank Of Canada boosted their target price on shares of Boeing Company (The) from $269.00 to $273.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 26th. Argus reissued a “buy” rating and set a $290.00 target price (up from $270.00) on shares of Boeing Company (The) in a research report on Friday, October 27th. Vetr raised shares of Boeing Company (The) from a “hold” rating to a “buy” rating and set a $253.33 target price on the stock in a research report on Monday, August 7th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $274.00 target price on shares of Boeing Company (The) in a research report on Friday, August 11th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and fourteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $255.94.

Boeing Company (The) (NYSE:BA) last announced its quarterly earnings results on Wednesday, October 25th. The aircraft producer reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.65 by $0.07. The firm had revenue of $24.31 billion for the quarter, compared to analysts’ expectations of $24.09 billion. Boeing Company (The) had a net margin of 7.33% and a return on equity of 12,064.25%. Boeing Company (The)’s revenue was up 1.7% compared to the same quarter last year. During the same period in the previous year, the company posted $3.51 earnings per share.

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In related news, SVP Thomas J. Downey sold 134 shares of the company’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $241.20, for a total value of $32,320.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.28% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of BA. Cypress Capital Management LLC lifted its holdings in Boeing Company (The) by 2.0% in the first quarter. Cypress Capital Management LLC now owns 76,114 shares of the aircraft producer’s stock worth $13,462,000 after purchasing an additional 1,499 shares during the period. MUFG Securities EMEA plc acquired a new stake in Boeing Company (The) in the 1st quarter valued at about $2,505,000. Capital Investment Advisory Services LLC lifted its holdings in Boeing Company (The) by 9.3% in the 1st quarter. Capital Investment Advisory Services LLC now owns 2,086 shares of the aircraft producer’s stock valued at $369,000 after acquiring an additional 177 shares during the last quarter. First Trust Advisors LP lifted its holdings in Boeing Company (The) by 29.5% in the 1st quarter. First Trust Advisors LP now owns 573,119 shares of the aircraft producer’s stock valued at $101,362,000 after acquiring an additional 130,589 shares during the last quarter. Finally, MCF Advisors LLC lifted its holdings in Boeing Company (The) by 9.5% in the 1st quarter. MCF Advisors LLC now owns 712 shares of the aircraft producer’s stock valued at $126,000 after acquiring an additional 62 shares during the last quarter. 72.23% of the stock is 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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