http://www.americanbankingnews.com/getthestreet reaffirmed their buy rating on shares of Boeing (NYSE: BA) in a report issued on Thursday.
“Boeing (BA) has been reiterated by TheStreet Ratings as a buy with a ratings score of A . The company’s strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.”
,” the firm’s analyst commented.
Boeing traded up 0.13% on Thursday, hitting $75.03. Boeing has a 1-year low of $66.82 and a 1-year high of $78.02. The stock’s 50-day moving average is currently $75.51. The company has a market cap of $56.735 billion and a price-to-earnings ratio of 14.67.
BA has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein reiterated an outperform rating on shares of Boeing in a research note to investors on Thursday, February 7th. They now have a $98.00 price target on the stock. Separately, analysts at Zacks reiterated a neutral rating on shares of Boeing in a research note to investors on Thursday, January 31st. They now have a $78.00 price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Boeing to $87.00 in a research note to investors on Thursday, January 31st. They now have an outperform rating on the stock.
Eighteen equities research analysts have rated the stock with a buy rating, one has assigned an overweight rating, five have given a hold rating, one has issued an underweight rating, and one has assigned a sell rating to the company. The company has a consensus rating of overweight and an average price target of $88.00.
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