Morgan Stanley Remains a Hold on Boeing (BA)

In a report released today, Kristine Liwag from Morgan Stanley maintained a Hold rating on Boeing, with a price target of $245.00.

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Liwag covers the Industrials sector, focusing on stocks such as Aercap Holdings, Boeing, and RBC Bearings. According to TipRanks, Liwag has an average return of 15.8% and a 64.84% success rate on recommended stocks.

Boeing has an analyst consensus of Strong Buy, with a price target consensus of $274.92.

Based on Boeing’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $23.95 billion and a net profit of $8.22 billion. In comparison, last year the company earned a revenue of $15.24 billion and had a GAAP net loss of $3.87 billion

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BA in relation to earlier this year. Last month, Mortimer J Buckley, a Director at BA bought 2,230.00 shares for a total of $499,966.00.