Boeing Company (The) (NYSE:BA) was upgraded by equities research analysts at Vetr from a “sell” rating to a “hold” rating in a report released on Monday. The firm currently has a $266.64 target price on the aircraft producer’s stock. Vetr‘s price objective suggests a potential upside of 1.86% from the stock’s previous close.

A number of other equities research analysts also recently weighed in on the stock. Nord/LB set a $250.00 price objective on shares of Boeing Company (The) and gave the company a “neutral” rating in a research report on Thursday, November 2nd. Sanford C. Bernstein boosted their target price on shares of Boeing Company (The) from $303.00 to $310.00 and gave the company an “outperform” rating in a research note on Monday, October 30th. 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 note on Friday, October 27th. J P Morgan Chase & Co reissued a “buy” rating and set a $300.00 target price on shares of Boeing Company (The) in a research note on Thursday, October 26th. Finally, Cowen and Company reissued a “buy” rating and set a $315.00 target price on shares of Boeing Company (The) in a research note on Thursday, October 26th. Eleven research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $256.68.

Shares of Boeing Company (NYSE:BA) opened at $261.76 on Monday. The company has a debt-to-equity ratio of 8.54, a quick ratio of 0.39 and a current ratio of 1.18. Boeing Company has a 1 year low of $144.46 and a 1 year high of $267.62. The firm has a market cap of $156,291.72, a PE ratio of 26.92, a P/E/G ratio of 2.00 and a beta of 1.22.

Boeing Company (The) (NYSE:BA) last announced its quarterly earnings data 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. Boeing Company (The) had a net margin of 7.33% and a return on equity of 12,064.25%. The business had revenue of $24.31 billion during the quarter, compared to the consensus estimate of $24.09 billion. During the same quarter in the prior year, the firm earned $3.51 EPS. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. research analysts expect that Boeing Company will post 10.1 earnings per share for the current year.

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Several hedge funds have recently added to or reduced their stakes in BA. Lipe & Dalton acquired a new position in Boeing Company (The) in the 3rd quarter valued at approximately $100,000. Burt Wealth Advisors acquired a new position in Boeing Company (The) in the 3rd quarter valued at approximately $100,000. Clear Perspective Advisors LLC increased its stake in Boeing Company (The) by 31.0% in the 2nd quarter. Clear Perspective Advisors LLC now owns 571 shares of the aircraft producer’s stock valued at $113,000 after buying an additional 135 shares during the period. Proficio Capital Partners LLC increased its stake in Boeing Company (The) by 181.9% in the 1st quarter. Proficio Capital Partners LLC now owns 623 shares of the aircraft producer’s stock valued at $115,000 after buying an additional 402 shares during the period. Finally, CWH Capital Management Inc. acquired a new position in Boeing Company (The) in the 2nd quarter valued at approximately $134,000. Institutional investors and hedge funds own 71.99% 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)

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