Several investors have changed their positions in Boeing. Chicago Partners Investment Group increased its stake by 0.4%, adding 56 shares for a total of 14,941 shares valued at $3.895 million. Madison Park Capital Advisors raised its holdings by 4.9% with an additional 56 shares, now owning 1,204 shares worth $219,000. Bridge Creek Capital Management increased their position by 3.1%, bringing their total to 1,983 shares valued at $383,000. Wealth Alliance Advisory Group added 60 shares, increasing their stake by 1.6% for a total of 3,798 shares worth $691,000. Lastly, Angeles Wealth Management grew their holdings by 4.2% with 61 new shares, now owning 1,524 shares worth $294,000. Currently, institutional investors own 64.82% of the stock.
Wall Street Analyst Opinions
Recent research updates on Boeing include: Stifel Nicolaus raised its target price to $235 and maintained a buy rating. Deutsche Bank cut its price target to $195, also rating it a buy. Sanford C. Bernstein lowered its target to $207 with an outperform rating. Susquehanna reiterated a positive rating and a $230 price target. Bank of America raised its target from $180 to $200, giving it a neutral rating. The consensus rating is Moderate Buy with an average price target of $206.
Check Out Our Latest Report on BA
Boeing Stock Down 3.4 %
Boeing shares opened at $149.35 today. It has a 50-day moving average of $164.24, and a 200-day average of $174.59, with a market cap of $91.68 billion. Boeing recorded a 52-week low of $148.80 and a high of $267.54.
In its last earnings report on July 31, Boeing reported a loss of $2.90 per share, missing expectations by $1.90, with revenue of $16.87 billion, below the estimated $17.35 billion. Revenue declined 14.6% from last year. Analysts predict the company will post -4.27 earnings per share for the year.
Boeing Overview
The Boeing Company is involved in designing, manufacturing, and selling commercial and military aircraft, satellites, and associated services worldwide, segmented into Commercial Airplanes, Defense, Space & Security, and Global Services.
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