Boeing (NYSE:BA) Stock Price Up 0.8%

The Boeing Company (NYSE:BA) shares were up 0.8% during trading on Monday . The company traded as high as $182.46 and last traded at $181.17. Approximately 1,560,334 shares changed hands during trading, a decline of 84% from the average daily volume of 9,536,976 shares. The stock had previously closed at $179.79.

Analysts Set New Price Targets

A number of research analysts have issued reports on BA shares. Barclays reduced their price target on Boeing from $235.00 to $190.00 and set an “equal weight” rating for the company in a research report on Monday, April 22nd. Northcoast Research lowered Boeing from a “neutral” rating to a “sell” rating and set a $140.00 price target on the stock. in a research report on Wednesday, April 17th. Sanford C. Bernstein dropped their price target on Boeing from $272.00 to $240.00 and set an “outperform” rating on the stock in a research report on Monday, April 8th. JPMorgan Chase & Co. dropped their price target on Boeing from $230.00 to $210.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. Finally, TD Cowen dropped their price target on Boeing from $275.00 to $230.00 and set an “outperform” rating on the stock in a research report on Monday, March 25th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $222.41.

Boeing Stock Down 0.8 %

The firm has a 50 day simple moving average of $183.74 and a two-hundred day simple moving average of $206.20. The stock has a market capitalization of $109.50 billion, a P/E ratio of -51.03 and a beta of 1.54.

Institutional Trading of Boeing

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vermillion & White Wealth Management Group LLC bought a new stake in shares of Boeing during the 4th quarter valued at about $26,000. DiNuzzo Private Wealth Inc. bought a new position in Boeing in the fourth quarter worth approximately $28,000. Evolution Advisers Inc. bought a new position in Boeing in the fourth quarter worth approximately $28,000. CNB Bank boosted its holdings in Boeing by 106.5% in the third quarter. CNB Bank now owns 128 shares of the aircraft producer’s stock worth $25,000 after acquiring an additional 66 shares in the last quarter. Finally, Vima LLC bought a new position in Boeing in the fourth quarter worth approximately $34,000. 64.82% of the stock is currently owned by institutional investors and hedge funds.

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.