The shares of The Boeing Company (NYSE:BA) has been pegged with a rating of Overweight by Morgan Stanley in its latest research note that was published on January 10th, 2019. Morgan Stanley wasn’t the only research firm that published a report of The Boeing Company, with other equities research analysts also giving their opinion on the stock. Susquehanna advised investors in its research note published on January 10th, 2019, to Positive the BA stock while also putting a $388 price target. The stock had earned Buy rating from UBS when it published its report on August 16th, 2018. That day the UBS set price target on the stock to $515. The stock was given Buy rating by Societe Generale in its report released on April 26th, 2018. Canaccord Genuity was of a view that BA is Hold in its latest report on April 26th, 2018 while giving it a price target of $350. Barclays thinks that BA is worth Overweight rating. This was contained in the firm’s report on March 29th, 2018 in which the stock’s price target was also moved to $388.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 10 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $416.57. The price of the stock the last time has raised by 20.66% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 60.52.
The shares of the company added by 0.08% during the trading session on Friday, reaching a low of $348.09 while ending the day at $352.90. During the trading session, a total of 3.15 million shares were traded which represents a 28.98% incline from the average session volume which is 4.44M shares. BA had ended its last session trading at 352.61. The Boeing Company currently has a market cap of $200.24B, while its P/E ratio stands at 22.93, while its P/E earnings growth sits at 2.04, with a beta of 1.22. BA 52-week low price stands at $292.47 while its 52-week high price is $394.28.
The company in its last quarterly report recorded $3.58 earnings per share which is above the $3.47 predicted by most analysts. The The Boeing Company generated $25,146.00 million in revenue during the last quarter, which is slightly higher than the $23,984.80 million predicted by analysts. In the second quarter last year, the firm recorded $3.33 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 6.98%. The Boeing Company has the potential to record 15.39 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Argus published a research note on November 8th, 2018 where it informed investors and clients that Archer-Daniels-Midland Company (NYSE:ADM) is now rated as Buy. Susquehanna also rated ADM as Initiated on January 10th, 2019, with its price target of suggesting that ADM could surge by 20.07% from its current share price. Even though the stock has been trading at $43.37/share, analysts expect it to surge higher by -0.48% to reach $54.00/share. It started the day trading at $43.48 and traded between $42.88 and $43.16 throughout the trading session.
A look at its technical shows that ADM’s 50-day SMA is 44.75 while its 200-day SMA stands at 46.63. The stock has a high of $52.06 for the year while the low is $39.16. The company’s P/E ratio currently sits at 11.94, while the P/B ratio is 1.28. The company’s average trading volume currently stands at 3.87M shares, which means that the short-interest ratio is just 3.33 days. Over the past seven days, the company moved, with its shift of 3.48%. Looking further, the stock has dropped -13.92% over the past 90 days while it lost -9.90% over the last six months.
The Vanguard Group Inc meanwhile bought more ADM shares in the recently filed quarter, changing its stake to $1,739,216,405 worth of shares. SSgA Funds Management Inc followed the path by increasing its ADM portfolio by +3.72% in the quarter. This means that SSgA Funds Management Inc bought 1,186,289 shares in the last quarter and now controls 33,084,728 shares of the ADM stock, with the valuation hitting $1,355,481,306.
Similarly, Macquarie Investment Management B decreased its Archer-Daniels-Midland Company shares by -3.87% during the recently filed quarter. After selling -601,077 shares in the last quarter, the firm now controls 14,912,359 shares of Archer-Daniels-Midland Company which are valued at $610,959,348. In the same vein, Massachusetts Financial Services decreased its Archer-Daniels-Midland Company shares by during the most recent reported quarter. The firm sold -458,292 shares during the quarter which decreased its stakes to 12,218,224 shares and is now valued at $500,580,637. Following these latest developments, around 0.20% of Archer-Daniels-Midland Company stocks are owned by institutional investors and hedge funds.