Boeing Company (The) (NYSE:BA) had its price target hoisted by Cowen and Company from $9.80 to $300.00 in a research report sent to investors on Wednesday.

A number of other equities analysts have also recently weighed in on BA. Vetr raised Boeing Company (The) from a hold rating to a buy rating and set a $183.96 price target on the stock in a research note on Wednesday, April 12th. Goldman Sachs Group, Inc. (The) reissued a sell rating and issued a $134.00 price target on shares of Boeing Company (The) in a research note on Thursday, April 27th. Barclays PLC lifted their price target 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. Gabelli reissued a buy rating on shares of Boeing Company (The) in a research note on Friday, April 7th. Finally, Canaccord Genuity lifted their price target 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. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and fourteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of $214.78.

Boeing Company (NYSE:BA) opened at 241.27 on Wednesday. The firm has a 50-day moving average of $204.97 and a 200-day moving average of $183.62. Boeing Company has a 12-month low of $126.31 and a 12-month high of $242.68. The stock has a market capitalization of $142.61 billion, a price-to-earnings ratio of 21.14 and a beta of 1.12.

Boeing Company (The) (NYSE:BA) last released its earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.23. The firm had revenue of $22.74 billion for the quarter, compared to analyst estimates of $22.97 billion. Boeing Company (The) had a return on equity of 2,185.10% and a net margin of 7.84%. Boeing Company (The)’s revenue was down 8.1% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.44) earnings per share. Equities research analysts forecast that Boeing Company will post $9.80 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “Boeing Company (The) (NYSE:BA) Price Target Raised to $300.00” was first published by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another publication, it was illegally copied and reposted in violation of U.S. and international copyright & trademark laws. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/boeing-company-the-nyseba-price-target-raised-to-300-00/1462379.html.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 11th will be paid a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date of this dividend is Wednesday, August 9th. Boeing Company (The)’s payout ratio is 49.74%.

In related news, SVP Timothy John Keating sold 32,500 shares of the firm’s stock in a transaction that occurred on Friday, May 5th. The stock was sold at an average price of $184.51, for a total value of $5,996,575.00. Following the transaction, the senior vice president now directly owns 107,437 shares of the company’s stock, valued at approximately $19,823,200.87. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP J Michael Luttig sold 7,986 shares of the firm’s stock in a transaction that occurred on Tuesday, May 2nd. The shares were sold at an average price of $183.78, for a total value of $1,467,667.08. Following the completion of the transaction, the executive vice president now directly owns 39,251 shares in the company, valued at $7,213,548.78. The disclosure for this sale can be found here. Insiders sold a total of 63,403 shares of company stock worth $11,666,138 over the last three months. 0.28% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of BA. Deroy & Devereaux Private Investment Counsel Inc. increased its position in shares of Boeing Company (The) by 0.3% in the second quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 2,131 shares of the aircraft producer’s stock worth $421,000 after buying an additional 6 shares during the last quarter. GWM Advisors LLC increased its position in shares of Boeing Company (The) by 0.6% in the first quarter. GWM Advisors LLC now owns 1,324 shares of the aircraft producer’s stock worth $233,000 after buying an additional 8 shares during the last quarter. Howe & Rusling Inc. increased its position in shares of Boeing Company (The) by 0.3% in the first quarter. Howe & Rusling Inc. now owns 2,898 shares of the aircraft producer’s stock worth $512,000 after buying an additional 9 shares during the last quarter. Silicon Valley Capital Partners increased its position in shares of Boeing Company (The) by 0.7% in the second quarter. Silicon Valley Capital Partners now owns 1,240 shares of the aircraft producer’s stock worth $245,000 after buying an additional 9 shares during the last quarter. Finally, Arcus Capital Partners LLC increased its position in shares of Boeing Company (The) by 0.8% in the first quarter. Arcus Capital Partners LLC now owns 1,628 shares of the aircraft producer’s stock worth $288,000 after buying an additional 13 shares during the last quarter. 73.04% of the stock is currently 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)

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 Analyst Ratings Network's FREE daily email newsletter.