On Monday, Shares of Boeing Co (NYSE:BA), declined -1.12% and is at $146.29 in the Real-Time trading session, with the total volume of 511,695.00 shares, as contrast to its average volume of 3.83 million shares.
The firm opened its current trade at $146.90, and as of now, it is trading at $146.25. The stock is floating in a range of $146.01 - $147.48. The 52-week range of the share price is from $115.14 – $158.83. The earnings per share(EPS) was $7.96. The company has the total of 98.97 Billion outstanding shares right now, while its market capitalization is about $ 669.98 Million.
The mean estimate for the short-term price target for the firm stands at $162.83, according to 18 brokers. The higher price target for BA is $196.00, while the lower price target is $108.00.
Boeing Co (NYSE:BA), together with its auxiliaries, is an aerospace company. The Company operates through five segments: Commercial Airplanes, Boeing Military Aircraft (BMA), Network & Space Systems (N&SS), Global Services & Support (GS&S) and Boeing Capital (BCC).
According to news report, Boeing (NYSE: BA) and Jet Airways, India’s premier international airline, declared an order for 75 737 MAX 8 airplanes at the 2015 Dubai Airshow recently.
The declaration marks the largest order in Jet Airways’ history and supports the airline’s replacement strategy to have the most modern and environmentally progressive airplane fleet. The order, formerly attributed to an unidentified customer, comprises conversions of 25 Next-Generation 737s to 737 MAX 8s, in addition to options and purchase rights for an additional 50 aircraft.
“Incorporating the latest design and technology features, the highly efficient 737 MAX will allow us to drive our operational efficiency and reaffirms our commitment to providing a best-in-class full service travel experience to our guests,” said Naresh Goyal, chairman of Jet Airways. “This order is an endorsement of our confidence in the long-term prospects of the Indian aviation sector, which reflects the positive forecast for the country’s economy and offers tremendous potential for growth and development.”
“Boeing is proud that Jet Airways will be the first airline in India to take delivery of the 737 MAX,” said Boeing Commercial Airplanes President and CEO Ray Conner. “The 737 MAX will bring new standards for fuel efficiency and economics, and a premium passenger experience to Jet Airways.”
Analysts mean recommendation for the stock is 2.10. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.