Boeing Company (The) (BA) – Research Analysts’ Recent Ratings Updates

Boeing Company (The) (NYSE: BA) has recently received a number of price target changes and ratings updates:

  • 8/7/2017 – Boeing Company (The) was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $253.33 price target on the stock.
  • 8/4/2017 – Boeing Company (The) had its price target raised by analysts at UBS Group AG from $180.00 to $253.00. They now have a “neutral” rating on the stock.
  • 8/4/2017 – Boeing Company (The) was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Boeing’s second-quarter 2017 earnings surpassed the Zacks Consensus Estimate. However, revenues missed the consensus mark and also declined year over year. On the brighter note, backlog at the end of the quarter increased sequentially. Also, the company raised its earnings per share expectation for 2017. In fact, Boeing is considered to be the largest aircraft manufacturer in the world in terms of revenue, orders and deliveries, and one of the largest aerospace and defense contractors as well. Meanwhile, demand for its commercial airplanes is on the rise owing to a steady improvement in passenger and freight traffic. Consequently, Boeing’s share price has outperformed the broader industry price over the last one year. However, the company continues to face challenges from the uncertain fate of high-cost programs, order cancellations, stiff competition as well as falling delivery numbers.”
  • 8/2/2017 – Boeing Company (The) was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $241.25 price target on the stock.
  • 8/1/2017 – Boeing Company (The) had its “buy” rating reaffirmed by analysts at Argus. They now have a $270.00 price target on the stock.
  • 7/31/2017 – Boeing Company (The) was upgraded by analysts at Vetr from a “sell” rating to a “buy” rating. They now have a $253.33 price target on the stock.
  • 7/31/2017 – Boeing Company (The) had its price target raised by analysts at J P Morgan Chase & Co from $20.00 to $280.00. They now have an “overweight” rating on the stock.
  • 7/30/2017 – Boeing Company (The) had its “hold” rating reaffirmed by analysts at Canaccord Genuity. They now have a $215.00 price target on the stock, up previously from $200.00.
  • 7/28/2017 – Boeing Company (The) was upgraded by analysts at Buckingham Research from an “underperform” rating to a “neutral” rating.
  • 7/28/2017 – Boeing Company (The) had its “sell” rating reaffirmed by analysts at Credit Suisse Group.
  • 7/27/2017 – Boeing Company (The) was upgraded by analysts at Royal Bank Of Canada from an “underperform” rating to a “sector perform” rating. They now have a $235.00 price target on the stock, up previously from $146.00.
  • 7/27/2017 – Boeing Company (The) was upgraded by analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating. They now have a $300.00 price target on the stock, up previously from $200.00.
  • 7/27/2017 – Boeing Company (The) was upgraded by analysts at Goldman Sachs Group, Inc. (The) from a “sell” rating to a “neutral” rating. They now have a $205.00 price target on the stock, up previously from $130.00.
  • 7/27/2017 – Boeing Company (The) had its price target raised by analysts at Jefferies Group LLC to $275.00. They now have a “buy” rating on the stock.
  • 7/27/2017 – Boeing Company (The) was upgraded by analysts at Bank of America Corporation from a “neutral” rating to a “buy” rating. They now have a $205.00 price target on the stock.
  • 7/27/2017 – Boeing Company (The) had its price target raised by analysts at Deutsche Bank AG from $225.00 to $280.00. They now have a “buy” rating on the stock.
  • 7/27/2017 – Boeing Company (The) was given a new $274.00 price target on by analysts at Sanford C. Bernstein. They now have a “buy” rating on the stock.
  • 7/27/2017 – Boeing Company (The) had its “hold” rating reaffirmed by analysts at Vertical Research. They now have a $242.00 price target on the stock, up previously from $187.00.
  • 7/26/2017 – Boeing Company (The) was upgraded by analysts at TheStreet from a “c+” rating to a “b” rating.
  • 7/26/2017 – Boeing Company (The) had its price target raised by analysts at Cowen and Company from $9.80 to $300.00.
  • 7/26/2017 – Boeing Company (The) was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $223.75 price target on the stock.
  • 7/24/2017 – Boeing Company (The) had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $300.00 price target on the stock, up previously from $255.00. They wrote, “Today’s WSJ article on BA’s declining headcount neglects to emphasize that.””
  • 7/21/2017 – Boeing Company (The) was given a new $245.00 price target on by analysts at Berenberg Bank. They now have a “buy” rating on the stock.
  • 7/21/2017 – Boeing Company (The) was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $236.00 price target on the stock. According to Zacks, “Boeing is the largest aircraft manufacturer in the world in terms of revenue, orders and deliveries, and one of the largest aerospace and defense contractors. Demand for its commercial airplanes is on the rise due to a steady improvement in passenger and freight traffic. Recently, the company released 20-year market outlook, as per which it forecasts jetliner demand to increase by 3.6%. The single-aisle jets are expected to be the major driver behind demand growth. Further, the company’s defense business stands out among its peers by virtue of its broadly diversified programs, strong order bookings and order backlog. Boeing’s share price has outperformed the Zacks categorized Aerospace/Defense industry price over the last one year. However, the company continues to face challenges from the uncertain fate of high-cost programs, order cancellations, stiff competition as well as falling delivery numbers.”
  • 7/19/2017 – Boeing Company (The) was upgraded by analysts at Bank of America Corporation from an “underperform” rating to a “neutral” rating. They now have a $225.00 price target on the stock, up previously from $150.00.
  • 7/19/2017 – Boeing Company (The) had its “hold” rating reaffirmed by analysts at Credit Suisse Group.
  • 7/17/2017 – Boeing Company (The) had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $255.00 price target on the stock.
  • 7/17/2017 – Boeing Company (The) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 7/14/2017 – Boeing Company (The) was upgraded by analysts at J P Morgan Chase & Co from a “neutral” rating to an “overweight” rating. They now have a $240.00 price target on the stock, up previously from $205.00.
  • 7/13/2017 – Boeing Company (The) was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Boeing is the largest aircraft manufacturer in the world in terms of revenue, orders and deliveries, and one of the largest aerospace and defense contractors. Demand for its commercial airplanes is on the rise due to a steady improvement in passenger and freight traffic. Recently, the company released 20-year market outlook, as per which it forecasts jetliner demand to increase by 3.6%. The single-aisle jets are expected to be the major driver behind demand growth. Further, the company’s defense business stands out among its peers by virtue of its broadly diversified programs, strong order bookings and order backlog. Boeing’s share price has outperformed the Zacks categorized Aerospace/Defense industry price over the last one year. However, the company continues to face challenges from the uncertain fate of high-cost programs, order cancellations, stiff competition as well as falling delivery numbers.”
  • 7/11/2017 – Boeing Company (The) was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $228.00 price target on the stock. According to Zacks, “Boeing is the largest aircraft manufacturer in the world in terms of revenue, orders and deliveries, and one of the largest aerospace and defense contractors. Demand for its commercial airplanes is on the rise due to a steady improvement in passenger and freight traffic. Recently, the company released 20-year market outlook, as per which it forecasts jetliner demand to increase by 3.6%. The single-aisle jets are expected to be the major driver behind demand growth. Further, the company’s defense business stands out among its peers by virtue of its broadly diversified programs, strong order bookings and order backlog. Boeing’s share price has outperformed the Zacks categorized Aerospace/Defense industry price over the last one year. However, the company continues to face challenges from the uncertain fate of high-cost programs, order cancellations, stiff competition as well as falling delivery numbers.”
  • 7/10/2017 – Boeing Company (The) had its price target raised by analysts at Jefferies Group LLC from $200.00 to $230.00. They now have a “buy” rating on the stock.
  • 7/10/2017 – Boeing Company (The) had its price target raised by analysts at Robert W. Baird from $208.00 to $240.00. They now have an “outperform” rating on the stock.
  • 7/10/2017 – Boeing Company (The) had its “market perform” rating reaffirmed by analysts at Wells Fargo & Company.
  • 7/9/2017 – Boeing Company (The) had its “hold” rating reaffirmed by analysts at Canaccord Genuity. They now have a $170.00 price target on the stock.
  • 7/7/2017 – Boeing Company (The) had its “sell” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $146.00 price target on the stock.
  • 7/4/2017 – Boeing Company (The) was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $205.82 price target on the stock.
  • 6/29/2017 – Boeing Company (The) was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $206.38 price target on the stock.
  • 6/22/2017 – Boeing Company (The) had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $218.00 price target on the stock, up previously from $192.00.
  • 6/21/2017 – Boeing Company (The) had its price target raised by analysts at Cowen and Company from $215.00 to $235.00. They now have an “outperform” rating on the stock.
  • 6/15/2017 – Boeing Company (The) was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $202.94 price target on the stock.
  • 6/13/2017 – Boeing Company (The) had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $215.00 price target on the stock.

Boeing Company (BA) opened at 232.88 on Friday. The stock has a market capitalization of $137.65 billion, a price-to-earnings ratio of 20.40 and a beta of 1.16. Boeing Company has a 1-year low of $126.31 and a 1-year high of $246.49. The firm has a 50-day moving average of $216.13 and a 200-day moving average of $188.54.

Boeing Company (The) (NYSE:BA) last released its quarterly earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 EPS for the quarter, beating the consensus estimate of $2.32 by $0.23. The business had revenue of $22.74 billion for the quarter, compared to analyst estimates of $22.97 billion. Boeing Company (The) had a net margin of 7.84% and a return on equity of 2,185.10%. The company’s quarterly revenue was down 8.1% on a year-over-year basis. During the same period in the prior year, the business earned ($0.44) earnings per share. Equities research analysts anticipate that Boeing Company will post $9.95 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Friday, August 11th will be given a $1.42 dividend. The ex-dividend date is Wednesday, August 9th. This represents a $5.68 annualized dividend and a dividend yield of 2.44%. Boeing Company (The)’s dividend payout ratio is presently 49.74%.

In other news, SVP Thomas J. Downey sold 134 shares of the stock in a transaction that occurred on 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 document filed with the SEC, which can be accessed through this link. Also, SVP Heidi B. Capozzi sold 4,217 shares of the stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $241.51, for a total transaction of $1,018,447.67. The disclosure for this sale can be found here. Insiders sold 83,468 shares of company stock worth $20,353,814 over the last quarter. Company insiders own 0.28% of the company’s stock.

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.

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