Boeing Co (NYSE: BA) announced deliveries across its commercial and defense operations for the fourth quarter of 2016.

Major program deliveries during the fourth quarter, including deliveries under operating lease (which are identified by parentheses), were as follows:

Major Programs

4th Quarter
2016

Full Year
2016

Commercial Airplanes Programs

737

122

490

747

1

9

(3)

767

3

13

777

26

99

787

33

137

Total

185

748

Defense, Space & Security Programs

   AH-64 Apache (New)

6

31

   AH-64 Apache (Remanufactured)

7

34

   C-17 Globemaster III

4

   C-40A

1

1

   CH-47 Chinook (New)

8

25

   CH-47 Chinook (Renewed)

2

25

   F-15 Models

4

15

   F/A-18 Models

5

25

   P-8 Models

5

18

   Commercial and Civil Satellites

2

5

   Military Satellites

2

(Original Source)

Shares of Boeing Company are currently trading at $159.00, up $0.29 or +0.18%. BA has a 1-year high of $160.07 and a 1-year low of $102.10. The stock’s 50-day moving average is $153.82 and its 200-day moving average is $138.60.

On the ratings front, Boeing Company has been the subject of a number of recent research reports. In a report released yesterday, Canaccord Genuity analyst Kenneth Herbert reiterated a Hold rating on BA, with a price target of $145, which implies a downside of 9% from current levels. Separately, on December 21, Seaport Global’s Josh Sullivan initiated coverage with a Buy rating on the stock and has a price target of $180.

According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Kenneth Herbert and Josh Sullivan have a yearly average return of 8.8% and a loss of -0.4% respectively. Herbert has a success rate of 56% and is ranked #335 out of 4348 analysts, while Sullivan has a success rate of 50% and is ranked #3002.

Overall, one research analyst has rated the stock with a Sell rating, 5 research analysts have assigned a Hold rating and 9 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $155.18 which is -2.4% under where the stock opened today.

The Boeing Co. is an aerospace company that manufactures commercial jetliners and defense, space and security systems. Its products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training. The company is organized into three business units: Boeing Commercial Airplanes, Boeing Defense, Space & Security and Boeing Capital. The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, principally to the commercial airline industry worldwide. Its Defense, Space & Security business comprises three segments: Boeing Military Aircraft, Network & Space Systems and Global Services & Support. The Boeing Military Aircraft segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for global strike, including fighter and combat rotorcraft aircraft and missile systems; global mobility, including tanker, rotorcraft and tilt-rotor aircraft; and airborne surveillance and reconnaissance, including command and control, battle management and airborne anti-submarine aircraft. The Network & Space Systems segment is engaged in the research, development, production and modification of the following products and related services: electronics and information systems, including command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; strategic missile and defense systems; space and intelligence systems, including satellites and commercial satellite launch vehicles; and space exploration. The Global Services & Support segment provides customers with mission readiness through total support solutions. Its global services business sustains aircraft and systems with a full spectrum of products and services through integrated logistics, including supply chain management and engineering support; maintenance, modification and upgrades for aircraft; and training systems and government services, including pilot and maintenance training. The Boeing Capital segment seeks to ensure that Boeing customers have the financing they need to buy and take delivery of their Boeing product and manages overall financing exposure.