Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Boeing (BA) today. The company’s shares opened today at $316.36.
According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 15.6% and a 62.3% success rate. Feinseth covers the Services sector, focusing on stocks such as Southwest Airlines, Nordstrom Inc, and Walt Disney.
Currently, the analyst consensus on Boeing is a Strong Buy with an average price target of $421.25, representing a 33.2% upside. In a report issued on November 13, Cowen & Co. also maintained a Buy rating on the stock with a $445 price target.
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Based on Boeing’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $25.15 billion and net profit of $2.36 billion. In comparison, last year the company earned revenue of $24.31 billion and had a net profit of $1.85 billion.
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