Boeing Company (The) (NYSE:BA) had its price target increased by stock analysts at Jefferies Group LLC from $300.00 to $312.00 in a report issued on Tuesday. The firm presently has a “buy” rating on the aircraft producer’s stock. Jefferies Group LLC’s target price suggests a potential upside of 17.90% from the company’s previous close.

Several other analysts have also commented on the stock. Royal Bank Of Canada set a $290.00 price target on shares of Boeing Company (The) and gave the company a “hold” rating in a research report on Wednesday, November 15th. Vetr raised shares of Boeing Company (The) from a “sell” rating to a “hold” rating and set a $266.64 price target for the company in a research report on Monday, November 13th. Nord/LB set a $250.00 price target on shares of Boeing Company (The) and gave the company a “neutral” rating in a research report on Thursday, November 2nd. Sanford C. Bernstein increased their price target on shares of Boeing Company (The) from $303.00 to $310.00 and gave the company an “outperform” rating in a research report on Monday, October 30th. Finally, Argus reissued a “buy” rating and set a $290.00 price target (up from $270.00) on shares of Boeing Company (The) in a research report on Friday, October 27th. Eleven investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $257.94.

Boeing Company (NYSE:BA) traded up $2.37 during mid-day trading on Tuesday, hitting $264.63. 2,447,300 shares of the company’s stock traded hands, compared to its average volume of 3,287,546. The stock has a market capitalization of $157,610.00, a price-to-earnings ratio of 26.90, a price-to-earnings-growth ratio of 2.00 and a beta of 1.22. Boeing Company has a 1-year low of $146.52 and a 1-year high of $267.62. The company has a current ratio of 1.18, a quick ratio of 0.39 and a debt-to-equity ratio of 8.54.

Boeing Company (The) (NYSE:BA) last released its quarterly earnings results on Wednesday, October 25th. The aircraft producer reported $2.72 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.65 by $0.07. The business had revenue of $24.31 billion during the quarter, compared to analyst estimates of $24.09 billion. Boeing Company (The) had a net margin of 7.33% and a return on equity of 12,064.25%. The company’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the firm posted $3.51 earnings per share. sell-side analysts expect that Boeing Company will post 10.1 EPS for the current year.

ILLEGAL ACTIVITY WARNING: This piece of content was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another website, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/11/21/boeing-company-the-ba-price-target-raised-to-312-00-2.html.

Large investors have recently made changes to their positions in the company. Lipe & Dalton purchased a new position in shares of Boeing Company (The) during the 3rd quarter valued at approximately $100,000. Burt Wealth Advisors purchased a new position in shares of Boeing Company (The) during the 3rd quarter valued at approximately $100,000. Kernodle & Katon Asset Management Group LLC purchased a new position in shares of Boeing Company (The) during the 3rd quarter valued at approximately $102,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new position in shares of Boeing Company (The) during the 4th quarter valued at approximately $106,000. Finally, Jackson Grant Investment Advisers Inc. lifted its position in shares of Boeing Company (The) by 124.9% during the 3rd quarter. Jackson Grant Investment Advisers Inc. now owns 830 shares of the aircraft producer’s stock valued at $109,000 after buying an additional 461 shares in the last quarter. Hedge funds and other institutional investors own 72.04% of the company’s stock.

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)

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.