- Boeing (BA, Financial) faces challenges as trade tensions with China affect aircraft acceptance.
- Analysts predict a potential upside of over 12% for Boeing stock based on current price targets.
- Brokerage firms maintain an "Outperform" rating for Boeing, highlighting investor confidence.
Boeing Co. (BA) is navigating turbulent skies as it encounters significant hurdles in the ongoing trade frictions between the U.S. and China. The Asian giant has paused the acceptance of Boeing's aircraft, specifically impacting the distribution of its 737 Max jets. These jets, originally slated for China, are now finding their way to the U.S., further complicating the landscape amid the stalemate in trade negotiations.
Wall Street Analysts Forecast
According to insights from 24 seasoned analysts, the one-year price target for Boeing Co (BA, Financial) is set at an average of $195.47. This projection includes a high estimate of $233.00 and a low estimate of $111.00. This average suggests a potential upside of 12.06% from Boeing's current trading price of $174.43. Investors can explore more detailed price target information on the Boeing Co (BA) Forecast page.
Moreover, consensus from 29 brokerage firms has resulted in an "Outperform" average recommendation for Boeing Co (BA, Financial), with an average brokerage recommendation score of 2.2. The rating framework ranges from 1, indicating a Strong Buy, to 5, signaling a Sell.
In line with GuruFocus data, Boeing's estimated GF Value for the upcoming year stands at $188.66. This estimation anticipates an upside of 8.15% from the present price of $174.43. The GF Value is a measure provided by GuruFocus to estimate a stock's fair trading value, calculated using historical trading multiples, past business growth, and projected future business performance. For further details, investors are encouraged to visit the Boeing Co (BA, Financial) Summary page.
