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A Quick Look at Today's Ratings for Boeing(BA.US), With a Forecast Between $170 to $200

Futu News ·  Oct 25 21:00  · Ratings

On Oct 25, major Wall Street analysts update their ratings for $Boeing (BA.US)$, with price targets ranging from $170 to $200.

Morgan Stanley analyst Kristine Liwag maintains with a hold rating, and adjusts the target price from $195 to $170.

BofA Securities analyst Ronald Epstein maintains with a hold rating, and maintains the target price at $170.

UBS analyst Gavin Parsons maintains with a buy rating, and adjusts the target price from $215 to $195.

SIG analyst Charles Minervino maintains with a buy rating, and adjusts the target price from $210 to $200.

Furthermore, according to the comprehensive report, the opinions of $Boeing (BA.US)$'s main analysts recently are as follows:

  • The critical next phase for Boeing involves finalizing the strike situation and escalating the production of the MAX series, which is vital for the immediate and future stability of the company and its supply chain. Once short-term obstacles are overcome, it's anticipated that the market will recognize the potent long-term profit prospects of the business, assuming that the demand for new airplanes continues to be vigorous.

  • The firm observes that Boeing's performance in the third quarter of 2024 was impacted as anticipated by a softer output from BCA, along with escalating losses at BDS due to the recovery being deferred amidst the IAM strike, where there was a 64% vote against the recent proposal, pushing a likely resolution into November.

  • The latest developments with Boeing indicate that the ongoing strike, due to the union's rejection of the most recent contract proposal, may exert additional pressure on fourth-quarter deliveries and cash flow. The third-quarter earnings discussion also brought to light potential further reductions in cash reserves, which may necessitate a more substantial capital influx.

Here are the latest investment ratings and price targets for $Boeing (BA.US)$ from 4 analysts:

StockTodayLatestRating_nn_202133_20241025_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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