Boeing (NYSE:BA) Stock Price Up 1%

The Boeing Company (NYSE:BA) rose 1% during trading on Tuesday . The company traded as high as $187.49 and last traded at $187.35. Approximately 1,136,175 shares were traded during trading, a decline of 86% from the average daily volume of 8,079,587 shares. The stock had previously closed at $185.43.

Wall Street Analyst Weigh In

A number of research firms have commented on BA. Melius reissued a “hold” rating on shares of Boeing in a research note on Monday, April 1st. UBS Group reduced their price target on shares of Boeing from $250.00 to $240.00 and set a “buy” rating on the stock in a research report on Friday, June 7th. Morgan Stanley lowered their price objective on shares of Boeing from $235.00 to $180.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 10th. Barclays dropped their target price on shares of Boeing from $235.00 to $190.00 and set an “equal weight” rating for the company in a research note on Monday, April 22nd. Finally, Argus lowered shares of Boeing from a “buy” rating to a “hold” rating in a report on Tuesday, April 30th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $220.89.

Boeing Trading Up 1.0 %

The firm has a market capitalization of $114.96 billion, a P/E ratio of -52.77 and a beta of 1.56. The business has a 50 day moving average of $181.72 and a 200-day moving average of $187.96.

Institutional Investors Weigh In On Boeing

Several institutional investors have recently added to or reduced their stakes in BA. Vermillion & White Wealth Management Group LLC bought a new stake in Boeing during the fourth quarter worth about $26,000. Evolution Advisers Inc. bought a new stake in shares of Boeing during the 4th quarter worth approximately $28,000. DiNuzzo Private Wealth Inc. acquired a new stake in shares of Boeing in the 4th quarter valued at approximately $28,000. Vima LLC bought a new position in shares of Boeing in the fourth quarter valued at $34,000. Finally, Hobbs Group Advisors LLC acquired a new position in Boeing during the second quarter worth $34,000. 64.82% of the stock is owned by institutional investors.

Boeing Company Profile

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.