Boeing (NYSE:BA) Rating Maintained

Credit Suisse have a $375.0 PT on the stock. The PT would indicate a potential upside of 11.54 % from Boeing (NYSE:BA)’s previous stock close. This rating was revealed to clients and investors in analysts report on Monday, 15 January.

NYSE:BA is at the moment trading 0.28% higher at $265.88 as of 4:07 PM New York time. Boeing’s stock is 0% over the past 200 days. It has underperformed the S&P 500, which has increased 6.00% over the same time.

According to data compiled by Thomson Reuters, Boeing (NYSE:BA)’s stock is covered by 18 equity analysts across the Street, with 2 analysts giving it a Sell rating, 9 a Buy rating, while 9 consider it a Hold. The 12-month consensus target price for the stock is $148.33, which reflects an downside potential of 44.21% over the current price.

Institutional Ownership

Evercore Trust Company N.A. had the biggest stake with ownership of 40.18 million shares as of Q2 2015 for 17.31% of the fund portfolio. Ruffer Llp is another very bullish investment professional who is possessing 924,983 shares of Boeing or 7.24% of their fund portfolio. Also, Levy Harkins & Co Inc have 6.98% of their fund portfolio invested in the company for 133,960 shares. The Texas-based fund Torchmark Corp disclosed it had purchased a stake worth about 6.08% of the investment professional’s stock portfolio in Boeing. The New York-based fund Valueworks Llc is also positive about the stock, possessing 56,100 shares or 5.34% of their fund portfolio.

Boeing (NYSE:BA) Profile

The Boeing Company is an aerospace company. The Company’s segments include Commercial Airplanes; Defense, Space & Security (BDS), such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry.

Boeing (NYSE:BA) traded up 0.28% on 15 January, hitting $265.88. A total of 788,957 shares of the company’s stock traded hands. This is down from average of 2.79 million shares. Boeing has a 52 week low of $148.32 and a 52 week high of $267.62. The company has a market cap of $158.35 billion and a P/E ratio of 24.46.

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