In a report released today, Michael Eisen from RBC Capital maintained a Buy rating on Boeing (BA). The company’s shares closed last Tuesday at $162.14.
According to TipRanks.com, Eisen is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -12.7% and a 25.0% success rate. Eisen covers the Technology sector, focusing on stocks such as Aerojet Rocketdyne Holdings, L3Harris Technologies, and Huntington Ingalls.
Boeing has an analyst consensus of Moderate Buy, with a price target consensus of $188.93, a 14.3% upside from current levels. In a report issued on September 28, Alembic Global also upgraded the stock to Buy with a $184.00 price target.
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The company has a one-year high of $378.70 and a one-year low of $89.00. Currently, Boeing has an average volume of 27.37M.
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BA in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
The Boeing Co. is an aerospace company, which engages in the manufacture of commercial jetliners and defense, space and security systems. It operates through the following segments: Commercial Airplanes; Defense, Space and Security; Global Services; and Boeing Capital. The Commercial Airplanes segment includes the development, production, and market of commercial jet aircraft and provides fleet support services, principally to the commercial airline industry worldwide. The Defense, Space and Security segment refers to 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 Global Services segment provides services to commercial and defense customers. 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. The company was founded by William Edward Boeing on July 15, 1916 and is headquartered in Chicago, IL.
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