Royal Bank Of Canada set a $290.00 target price on Boeing Company (The) (NYSE:BA) in a report released on Wednesday morning. The firm currently has a hold rating on the aircraft producer’s stock.

Several other equities analysts also recently commented on BA. Vetr upgraded shares of Boeing Company (The) from a hold rating to a buy rating and set a $253.33 price objective on the stock in a report on Monday, August 7th. Sanford C. Bernstein restated an outperform rating and issued a $274.00 price target on shares of Boeing Company (The) in a research note on Friday, August 11th. Zacks Investment Research downgraded shares of Boeing Company (The) from a buy rating to a hold rating in a research note on Tuesday, September 19th. UBS AG upped their price target on shares of Boeing Company (The) from $180.00 to $253.00 and gave the company a neutral rating in a research note on Friday, August 4th. Finally, ValuEngine downgraded shares of Boeing Company (The) from a buy rating to a hold rating in a research note on Monday, October 2nd. Eleven analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Boeing Company (The) presently has a consensus rating of Buy and a consensus price target of $257.42.

Boeing Company (NYSE:BA) opened at $262.26 on Wednesday. Boeing Company has a fifty-two week low of $144.46 and a fifty-two week high of $267.62. The company has a market cap of $157,050.00, a price-to-earnings ratio of 26.85, a price-to-earnings-growth ratio of 1.99 and a beta of 1.22. The company has a debt-to-equity ratio of 8.54, a current ratio of 1.18 and a quick ratio of 0.39.

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

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The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Friday, November 10th will be issued a $1.42 dividend. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $5.68 dividend on an annualized basis and a yield of 2.17%. Boeing Company (The)’s dividend payout ratio (DPR) is presently 52.25%.

A number of hedge funds and other institutional investors have recently modified their holdings of BA. Swiss National Bank raised its holdings in Boeing Company (The) by 25.2% in the 1st quarter. Swiss National Bank now owns 2,077,391 shares of the aircraft producer’s stock valued at $367,407,000 after buying an additional 418,500 shares during the last quarter. World Asset Management Inc raised its holdings in Boeing Company (The) by 20.3% in the 1st quarter. World Asset Management Inc now owns 60,835 shares of the aircraft producer’s stock valued at $10,759,000 after buying an additional 10,275 shares during the last quarter. Morse Asset Management Inc bought a new position in Boeing Company (The) in the 1st quarter valued at approximately $4,157,000. Trust Co. of Virginia VA raised its holdings in Boeing Company (The) by 0.5% in the 1st quarter. Trust Co. of Virginia VA now owns 3,239 shares of the aircraft producer’s stock valued at $573,000 after buying an additional 15 shares during the last quarter. Finally, UBS Asset Management Americas Inc. raised its holdings in Boeing Company (The) by 7.2% in the 1st quarter. UBS Asset Management Americas Inc. now owns 1,686,459 shares of the aircraft producer’s stock valued at $298,267,000 after buying an additional 112,722 shares during the last quarter. 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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