Boeing Company (The) (BA) Upgraded to “Hold” by Vetr Inc.

Vetr upgraded shares of Boeing Company (The) (NYSE:BA) from a sell rating to a hold rating in a report published on Monday. The firm currently has $266.64 price target on the aircraft producer’s stock.

A number of other equities analysts have also issued reports on BA. Cowen and Company raised their target price on shares of Boeing Company (The) from $9.80 to $300.00 in a research report on Wednesday, July 26th. TheStreet upgraded shares of Boeing Company (The) from a c+ rating to a b rating in a research report on Wednesday, July 26th. Bank of America Corporation upgraded shares of Boeing Company (The) from a neutral rating to a buy rating and set a $205.00 target price on the stock in a research report on Thursday, July 27th. Jefferies Group LLC raised their target price on shares of Boeing Company (The) to $275.00 and gave the stock a buy rating in a research report on Thursday, July 27th. Finally, Zacks Investment Research upgraded shares of Boeing Company (The) from a hold rating to a buy rating and set a $236.00 target price on the stock in a research report on Friday, July 21st. Eleven investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The company has a consensus rating of Buy and an average price target of $257.42.

Shares of Boeing Company (NYSE:BA) traded up $0.84 during trading on Monday, reaching $263.70. 2,710,100 shares of the company’s stock traded hands, compared to its average volume of 3,298,371. The stock has a market capitalization of $156,240.00, a price-to-earnings ratio of 26.96, a P/E/G ratio of 2.00 and a beta of 1.22. Boeing Company has a one year low of $144.46 and a one year high of $267.62. 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 announced its quarterly earnings results 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. The company had revenue of $24.31 billion for the quarter, compared to analyst estimates of $24.09 billion. Boeing Company (The) had a net margin of 7.33% and a return on equity of 12,064.25%. The firm’s revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the firm posted $3.51 earnings per share. sell-side analysts predict that Boeing Company will post 10.1 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: This report was first posted by BBNS and is the property of of BBNS. If you are accessing this report on another publication, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this report can be read at https://baseballnewssource.com/markets/boeing-company-the-ba-upgraded-to-hold-by-vetr-inc/1781679.html.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 10th will be paid a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend is Thursday, November 9th. Boeing Company (The)’s dividend payout ratio (DPR) is presently 52.25%.

A number of hedge funds have recently made changes to their positions in the stock. Riverpoint Wealth Management Holdings LLC raised its stake in Boeing Company (The) by 0.3% in the 2nd quarter. Riverpoint Wealth Management Holdings LLC now owns 1,438 shares of the aircraft producer’s stock valued at $293,000 after purchasing an additional 4 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. raised its stake in Boeing Company (The) by 0.3% in the 2nd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 2,131 shares of the aircraft producer’s stock valued at $421,000 after purchasing an additional 6 shares during the last quarter. Accredited Investors Inc. raised its stake in Boeing Company (The) by 0.4% in the 2nd quarter. Accredited Investors Inc. now owns 1,643 shares of the aircraft producer’s stock valued at $325,000 after purchasing an additional 6 shares during the last quarter. GWM Advisors LLC raised its stake in Boeing Company (The) by 0.6% in the 1st quarter. GWM Advisors LLC now owns 1,324 shares of the aircraft producer’s stock valued at $233,000 after purchasing an additional 8 shares during the last quarter. Finally, Silicon Valley Capital Partners raised its stake in Boeing Company (The) by 0.7% in the 2nd quarter. Silicon Valley Capital Partners now owns 1,240 shares of the aircraft producer’s stock valued at $245,000 after purchasing an additional 9 shares during the last quarter. 71.99% of the stock is owned by hedge funds and other institutional investors.

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.

To view Vetr’s full report, visit Vetr’s official website.

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 our FREE daily email newsletter.

 


Latest News

Alex Cobb Could Be Good Fit for Cubs
Alex Cobb Could Be Good Fit for Cubs
Joey Votto Is One of Baseball’s Best Hitters
Joey Votto Is One of Baseball’s Best Hitters
Hunter Pence May Become Part-Time Player
Hunter Pence May Become Part-Time Player
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Brandon Morrow Becomes Hot Commodity
Brandon Morrow Becomes Hot Commodity
Red Sox Want Sluggers, Giancarlo Stanton May Become Available
Red Sox Want Sluggers, Giancarlo Stanton May Become Available


Leave a Reply

 
© 2006-2017 BBNS.