Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Boeing (BA – Research Report) and Weichai Power Co (WEICF – Research Report).
Boeing (BA)
In a report released today, David E. Strauss from Barclays maintained a Hold rating on Boeing, with a price target of $235.00. The company’s shares closed last Tuesday at $262.79, close to its 52-week high of $267.54.
According to TipRanks.com, Strauss is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Boeing with a $276.05 average price target, implying a 6.3% upside from current levels. In a report issued on December 21, Morgan Stanley also maintained a Hold rating on the stock with a $255.00 price target.
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Weichai Power Co (WEICF)
Jefferies analyst Xiaoyi Lei maintained a Buy rating on Weichai Power Co on December 25 and set a price target of HK$16.80. The company’s shares closed last Tuesday at $1.74, equals to its 52-week high of $1.74.
Currently, the analyst consensus on Weichai Power Co is a Moderate Buy with an average price target of $2.03.
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Read More on BA:
- M & A News: Bezos’ Blue Origin Competes to Acquire Musk’s SpaceX Rival
- Boeing confirms 787 delivery to China’s Juneyao Air, Bloomberg says
- Morgan Stanley says delivery restart to China factored into Boeing stock
- Boeing to resume 787 Dreamliner deliveries to China, Reuters reports
- Boeing price target raised to $315 from $271 at Citi
