Boeing (NYSE:BA) Price Target Raised to $205.00 at Susquehanna

Boeing (NYSE:BA) had its target price upped by Susquehanna from $200.00 to $205.00 in a research note published on Wednesday,Benzinga reports. They currently have a positive rating on the aircraft producer’s stock.

Several other analysts also recently weighed in on BA. DZ Bank downgraded shares of Boeing from a “buy” rating to a “hold” rating and set a $152.00 target price on the stock. in a research report on Tuesday, October 15th. Wells Fargo & Company upped their target price on Boeing from $85.00 to $103.00 and gave the company an “underweight” rating in a research report on Wednesday. Barclays upgraded Boeing from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $190.00 to $210.00 in a research note on Monday, January 6th. Deutsche Bank Aktiengesellschaft raised their price objective on Boeing from $184.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, January 2nd. Finally, Morgan Stanley dropped their target price on Boeing from $195.00 to $170.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 24th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $195.00.

Boeing Trading Down 2.1 %

NYSE BA opened at $174.03 on Wednesday. Boeing has a 12-month low of $137.03 and a 12-month high of $214.63. The firm’s fifty day simple moving average is $167.68 and its two-hundred day simple moving average is $164.19. The firm has a market capitalization of $107.58 billion, a P/E ratio of -13.49 and a beta of 1.52.

Boeing (NYSE:BA) last announced its earnings results on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same quarter in the prior year, the business earned ($0.47) earnings per share. As a group, sell-side analysts predict that Boeing will post -16.39 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Sugar Maple Asset Management LLC purchased a new stake in shares of Boeing during the fourth quarter worth $27,000. Fiduciary Advisors Inc. acquired a new stake in Boeing during the 4th quarter worth $28,000. RPg Family Wealth Advisory LLC purchased a new position in Boeing during the 3rd quarter worth approximately $28,000. Heck Capital Advisors LLC acquired a new position in Boeing during the fourth quarter worth approximately $33,000. Finally, Keystone Financial Group Inc. purchased a new stake in Boeing in the fourth quarter valued at approximately $34,000. Hedge funds and other institutional investors own 64.82% of the company’s stock.

About Boeing

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.