How Analysts View Boeing after Its August Order Boom

Analyst views

26 analysts are currently tracking Boeing (BA) stock. One analyst dropped the stock coverage after Q2 2018 results. Currently, eight analysts have a “strong buy” recommendation on the stock. 11 analysts have a “buy” recommendation. Seven analysts tracking the stock have a “hold” rating. There aren’t any “sell” or “strong sell” ratings on Boeing stock.

How Analysts View Boeing after Its August Order Boom

Target price

Boeing’s consensus-12-month target price is $412.6, which indicates a 15.9% return potential as of the September 17 closing of $356. There haven’t been any changes to analyst ratings since the start of the month. As of September 17, Boeing had the lowest price target of $334, while the highest target price was $515.

Peer analysis

Analysts’ 12-month target prices and return potential as of September 17 for BA’s peers are as follows:

  • Raytheon (RTN): $237.2 with a 14.8% return potential
  • General Dynamics (GD): $236.1 with a 16.4% return potential
  • Lockheed Martin (LMT): $377.1 with a 10.4% return potential
  • United Technologies (UTX): $152.1 with a 10.3% return potential
  • Rockwell Collins (COL): $133.2 with a -4.7% return potential

Investors can get exposure to Boeing through the SPDR Dow Jones Industrial Average ETF (DIA), which holds ~9.0% of its portfolio in BA.