Boeing Company (The) (BA) : Analyst Rating Update

Boeing Company (The) (BA) has an average broker rating of 2.19, which is interpreted as a Buy, as rated by 16 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

Boeing Company (The) (BA) has been rated by 11 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $196 and the lowest price target forecast is $98. The average forecast of all the analysts is $146 and the expected standard deviation is $30.06.

Boeing Company (The) (NYSE:BA): The stock opened at $127.25 on Wednesday but the bulls could not build on the opening and the stock topped out at $127.31 for the day. The stock traded down to $123.96 during the day, due to lack of any buying support eventually closed down at $126.96 with a loss of -0.01% for the day. The stock had closed at $126.97 on the previous day. The total traded volume was 3,981,674 shares.

Also, Morgan Stanley initiates coverage on Boeing Company (The) (NYSE:BA). Morgan Stanley has a Overweight rating on the shares. As per the latest report, the brokerage house announces the price target to $153 per share. The rating by the firm was issued on June 23, 2016. The company shares have dropped -10.53% from its 1 Year high price. On Nov 20, 2015, the shares registered one year high at $150.59 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $129.28 and the 200 Day Moving Average price is recorded at $128.32.

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.

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