Boeing Company (The) (BA) has risen sharply, recording gains of 1.26% in the past 4 weeks. However, the stock has corrected -1.44% in the past 1 week, providing a good buying opportunity on dips. Boeing Company (The) (BA) : During the past 4 weeks, traders have been relatively bearish on Boeing Company (The) (BA), hence the stock is down -1.2% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.86% relative to the S&P 500.
Boeing Company (The) (NYSE:BA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $132.21 and $131.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $132.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $131.73, notching a gain of 0.40% for the day. The total traded volume was 3,120,136 . The stock had closed at $131.21 on the previous day.
The stock has recorded a 20-day Moving Average of 0.77% and the 50-Day Moving Average is 0.86%. The Boeing Company has dropped 0.34% during the last 3-month period . Year-to-Date the stock performance stands at -7.3%.
Boeing Company (The) (BA) : The consensus price target for Boeing Company (The) (BA) is $149.5 for the short term with a standard deviation of $30.81. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $196, however, the pessimist price target for the company is $98.
The Boeing Company, together with its subsidiaries, is an aerospace company. The Company operates through five segments: Commercial Airplanes, Boeing Military Aircraft (BMA), Network & Space Systems (N&SS), Global Services & Support (GS&S) and Boeing Capital (BCC). The Defense, Space & Security (BDS) business includes BMA, N&SS and GS&S. The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services. The BMA segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for global strike. The N&SS segment is engaged in the research, development, production and modification of the products and related services. The GS&S segment provides a range of support solutions. The BCC segments portfolio consists of equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease and investments.