- Boeing appoints seasoned executive Steve Parker as CEO of its Defense, Space & Security division.
- Wall Street analysts predict an average price target of $229.51 for Boeing, offering a potential upside of 9.23%.
- GuruFocus estimates suggest a downside of 10.39% from the current share price with a GF Value of $188.27.
Boeing Co. (BA) has strategically positioned Steve Parker as the new president and CEO of its Defense, Space & Security unit, effective immediately. Previously serving as interim head, Parker brings over 30 years of experience within the company, underscoring Boeing’s commitment to leveraging seasoned leadership to navigate its global defense operations. Parker also joins Boeing's executive council, reinforcing his pivotal role in the company's strategic future.
Wall Street Analysts Forecast
In assessing Boeing's market potential, 22 analysts have provided one-year price targets that project an average stock price of $229.51. This forecast includes a high estimate of $275.00 and a low estimate of $191.00, indicating a potential upside of 9.23% from the current trading price of $210.11. For a deeper dive into the data, investors can visit the Boeing Co (BA, Financial) Forecast page.
The consensus from 28 brokerage firms currently positions Boeing with an average recommendation rating of 1.9, indicating an "Outperform" status. This rating scale ranges from 1, denoting a Strong Buy, to 5, representing a Sell, illustrating a general bullish sentiment among analysts.
Meanwhile, GuruFocus provides an estimated GF Value for Boeing at $188.27 over the next year, suggesting a downside risk of 10.39% from its current market price of $210.11. The GF Value is a calculated estimate representing what GuruFocus considers the fair value of the stock, informed by historical trading multiples, past growth, and future business performance projections. For comprehensive data and insights, investors can explore the Boeing Co (BA, Financial) Summary page.
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