Is Boeing Stock Going to $225? 1 Wall Street Analyst Thinks So.
These days, it seems that nearly all the news about beleaguered aerospace giant (NYSE: BA) is negative. Quality-control issues, whistleblower controversies, and other pieces of bad press have badly affected sentiment on the company and its stock.
Not every headline was discouraging, though. In mid-May, one analyst following Boeing's fortunes reminded the market that he remained bullish on the shares. Perhaps that counter-intuitive evaluation is the correct one for this beaten-down stock.
The analyst staying resolutely bullish was Deutsche Bank's Scott Deuschle. In a Boeing update, he reiterated his buy recommendation on the shares with a price target of $225 apiece. That implies a 27% upside within the next 12 months from the current price.
Source Fool.com
Boeing Co. Stock
Our community is currently high on Boeing Co. with 46 Buy predictions and 13 Sell predictions.
As a result the target price of 185 € shows a slightly positive potential of 3.96% compared to the current price of 177.96 € for Boeing Co..
