Boeing (NYSE:BA) has been assigned a $433.00 price target by analysts at Robert W. Baird in a research report issued on Tuesday. The firm presently has a “buy” rating on the aircraft producer’s stock. Robert W. Baird’s price target indicates a potential upside of 29.19% from the stock’s current price. The analysts noted that the move was a valuation call.

BA has been the subject of several other reports. Buckingham Research restated a “hold” rating and issued a $203.00 target price on shares of Boeing in a research note on Friday, December 22nd. Jefferies Group restated a “buy” rating and issued a $339.00 target price on shares of Boeing in a research note on Monday, January 8th. Credit Suisse Group restated an “outperform” rating and issued a $375.00 target price (up from $310.00) on shares of Boeing in a research note on Friday, January 12th. They noted that the move was a valuation call. Nord/LB set a $250.00 target price on Boeing and gave the company a “neutral” rating in a research note on Thursday, November 2nd. Finally, Zacks Investment Research upgraded Boeing from a “hold” rating to a “buy” rating and set a $330.00 target price for the company in a research note on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and fourteen have given a buy rating to the stock. Boeing currently has a consensus rating of “Buy” and an average price target of $298.63.

Shares of Boeing (NYSE BA) opened at $335.16 on Tuesday. The company has a debt-to-equity ratio of 8.54, a current ratio of 1.18 and a quick ratio of 0.39. The company has a market capitalization of $199,610.00, a PE ratio of 30.83, a PEG ratio of 2.28 and a beta of 1.23. Boeing has a 12 month low of $156.75 and a 12 month high of $347.73.

Boeing (NYSE:BA) last issued its 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 company had revenue of $24.31 billion during the quarter, compared to the consensus estimate of $24.09 billion. Boeing had a return on equity of 12,064.25% and a net margin of 7.33%. The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period last year, the business posted $3.51 EPS. analysts anticipate that Boeing will post 10.13 earnings per share for the current year.

Boeing declared that its Board of Directors has authorized a stock buyback plan on Monday, December 11th that allows the company to repurchase $18.00 billion in outstanding shares. This repurchase authorization allows the aircraft producer to buy shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s board believes its shares are undervalued.

A number of hedge funds and other institutional investors have recently made changes to their positions in BA. National Pension Service lifted its position in shares of Boeing by 1.8% during the 4th quarter. National Pension Service now owns 472,429 shares of the aircraft producer’s stock worth $139,324,000 after buying an additional 8,168 shares in the last quarter. RNC Capital Management LLC lifted its position in shares of Boeing by 1.1% during the 4th quarter. RNC Capital Management LLC now owns 113,018 shares of the aircraft producer’s stock worth $33,330,000 after buying an additional 1,261 shares in the last quarter. Asset Dedication LLC lifted its position in shares of Boeing by 9.7% during the 4th quarter. Asset Dedication LLC now owns 10,286 shares of the aircraft producer’s stock worth $3,029,000 after buying an additional 906 shares in the last quarter. CWM LLC lifted its position in shares of Boeing by 24.9% during the 4th quarter. CWM LLC now owns 2,028 shares of the aircraft producer’s stock worth $598,000 after buying an additional 404 shares in the last quarter. Finally, Baltimore Washington Financial Advisors Inc. lifted its position in shares of Boeing by 31.3% during the 4th quarter. Baltimore Washington Financial Advisors Inc. now owns 1,325 shares of the aircraft producer’s stock worth $390,000 after buying an additional 316 shares in the last quarter. 70.87% of the stock is currently owned by institutional investors and hedge funds.

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About Boeing

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 (NYSE:BA)

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