Boeing (BA) 737 MAX Jet Returns Amid U.S.-China Trade Unrest

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4 days ago
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Key Insights:

  • A Boeing 737 MAX returned to the U.S., indicating potential trade tension impacts.
  • Analyst consensus points to a potential upside of 21.22% for Boeing stock.
  • GuruFocus estimates suggest a 16.68% upside in Boeing's stock value in the next year.

A Boeing (BA, Financial) 737 MAX, once slated for a Chinese airline, has reversed course back to the U.S., making a stopover in Guam. This strategic shift may be a direct result of the escalating trade tensions between the U.S. and China, with possible repercussions for Boeing's (BA) delivery schedules in light of increasing tariffs.

Wall Street Analysts Forecast

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According to projections from 24 industry analysts, Boeing Co (BA, Financial) is set to reach an average price target of $196.26 over the next year. The estimates vary widely, with a high target of $250.00 and a low of $111.00. This average target suggests a potential upside of 21.22% from the current trading price of $161.90. For more detailed estimates, visit the Boeing Co (BA) Forecast page.

Delving deeper into market sentiments, the consensus from 29 brokerage firms places Boeing Co's (BA, Financial) average recommendation at 2.2, categorizing it as an "Outperform." The rating system spans from 1 to 5, where 1 indicates a Strong Buy and 5 is a recommendation to Sell.

From a valuation perspective, GuruFocus estimates Boeing Co's (BA, Financial) future GF Value at $188.90 within the next year. This estimate suggests a projected upside of 16.68% from its current price of $161.9. The GF Value represents GuruFocus' assessment of the company's fair market value, based on historical trading multiples, past growth metrics, and predicted business performance. For a more comprehensive overview, explore the Boeing Co (BA) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.