Boeing Company (The) (NYSE:BA)‘s stock had its “outperform” rating reissued by equities research analysts at Sanford C. Bernstein in a research report issued on Friday. They presently have a $274.00 price target on the aircraft producer’s stock. Sanford C. Bernstein’s price target suggests a potential upside of 16.66% from the stock’s current price.

Several other research analysts have also recently commented on BA. Goldman Sachs Group, Inc. (The) reissued a “sell” rating and set a $134.00 target price on shares of Boeing Company (The) in a research note on Thursday, April 27th. Zacks Investment Research raised Boeing Company (The) from a “hold” rating to a “buy” rating and set a $228.00 target price for the company in a research note on Tuesday, July 11th. Barclays PLC boosted their target price on Boeing Company (The) from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Monday, May 22nd. Canaccord Genuity boosted their target price on Boeing Company (The) from $162.00 to $170.00 and gave the stock a “hold” rating in a research note on Tuesday, April 18th. Finally, Deutsche Bank AG boosted their target price on Boeing Company (The) from $205.00 to $210.00 and gave the stock a “buy” rating in a research note on Friday, April 28th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and fourteen have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $228.31.

Boeing Company (NYSE BA) traded up 0.86% during trading on Friday, hitting $234.88. The stock had a trading volume of 3,461,161 shares. Boeing Company has a one year low of $126.31 and a one 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. The company has a market cap of $138.83 billion, a P/E ratio of 20.58 and a beta of 1.16.

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

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In other news, SVP Robert E. Verbeck sold 2,522 shares of the stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $244.45, for a total transaction of $616,502.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Thomas J. Downey sold 134 shares of the stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $241.20, for a total value of $32,320.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 83,468 shares of company stock valued at $20,353,814. Company insiders own 0.28% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Proficio Capital Partners LLC increased its position in shares of Boeing Company (The) by 181.9% in the first quarter. Proficio Capital Partners LLC now owns 623 shares of the aircraft producer’s stock worth $115,000 after buying an additional 402 shares during the period. Catamount Wealth Management acquired a new position in shares of Boeing Company (The) during the second quarter worth about $138,000. MCF Advisors LLC increased its position in shares of Boeing Company (The) by 9.5% in the first quarter. MCF Advisors LLC now owns 712 shares of the aircraft producer’s stock worth $126,000 after buying an additional 62 shares during the period. Herndon Capital Management LLC increased its position in shares of Boeing Company (The) by 29.7% in the second quarter. Herndon Capital Management LLC now owns 720 shares of the aircraft producer’s stock worth $142,000 after buying an additional 165 shares during the period. Finally, SRS Capital Advisors Inc. increased its position in shares of Boeing Company (The) by 16.9% in the first quarter. SRS Capital Advisors Inc. now owns 742 shares of the aircraft producer’s stock worth $131,000 after buying an additional 107 shares during the period. 74.47% of the stock is owned by institutional investors and hedge funds.

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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