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Robert W. Baird announced Boeing (NYSE:BA), bumping up its stock price target to $161.00 today

In a report released on 10/06/2016 Robert W. Baird increased the stock price target of Boeing (NYSE:BA) to $161.00 reporting a possible upside of 0.20%.

Just yesterday Boeing (NYSE:BA) traded 1.82% higher at $134.66. Boeing’s 50-day moving average is $131.42 and its 200-day moving average is $131.13. The last stock price is up 2.69% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 3,137,532 shares of BA traded hands, down from an average trading volume of 3,222,440

Recent Performance Chart

Boeing (NYSE:BA)

Boeing has 52 week low of $102.10 and a 52 week high of $150.59 with a PE ratio of 24.24 and has a market capitalization of $0.

In addition to Robert W. Baird reporting its stock price target, a total of 18 brokerages have issued a research note on the company. The average stock price target is $148.33 with 4 brokerages rating the stock a strong buy, 5 brokerages rating the stock a buy, 9 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Boeing (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, notes and other receivables and assets held for sale.

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