A statement released earlier today by Citigroup about The Boeing Company (NYSE:BA) lowers the target price to $160.00
- Updated: September 19, 2016
Citigroup lowered the target price of The Boeing Company (NYSE:BA) to $160, stating a possible upside of 0.25%.
On 8/31/2016, Vetr Inc. released a statement for The Boeing Company(NYSE:BA) bumped the target price from $0.00 to $126.07 that indicated a possible downside of -0.04%.
Yesterday The Boeing Company (NYSE:BA) traded 0.84% higher at $127.80. The Boeing Company’s 50-day moving average is $132.63 and its two hundred day moving average is $130.42. With the last stock close down 2.03% relative to the 200-day average, compared to the S&P 500 Index which has fallen -0.01% over the date range. 1,555,534 shares of The Boeing Company traded hands, down from ann avg. trading volume of 3,577,200.
See Graph Below:
The Boeing Company has a one-year low of $102.10 and a 52 week high of $150.59 with a price-earnings ratio of 23 and has a market capitalization of $0.0.
Also covering The Boeing Company’s target price, a total of 18 firms have released a report on The Boeing Company. The one year target is $148.33 with four analysts rating the stock a strong buy, five analysts rating the stock a buy, nine firms rating the stock a hold, two brokerages rating the company to underperform, and finally 0 firmsrating the stock as sell.
General Information About The Boeing Company (NYSE:BA)
The Boeing Company is an aerospace firm. The Company operates in five segments: Commercial airplanes; Defense, Space & Security (BDS) business, such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). Its Commercial Airplanes segment develops, produces and markets commercial jet aircraft, which provides related support services to the commercial airline industry. Its BMA segment is engaged in the research, development, production and modification of military aircraft and weapons systems. Its N&SS segment is engaged in the research, development, production and modification of the products and related services, such as electronics, strategic missile and defense systems, and information solutions, among others. Its GS&S segment provides services to aircraft and systems. Its BCC’s segment portfolio consists of equipment under operating leases, finance leases, and notes and other receivables and assets held for sale.
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