Credit Suisse (SIX:CSGN) analyst Robert Spingarn maintained a Hold rating on Boeing (NYSE:BA) on Wednesday, setting a price target of $174, which is approximately 14.41% below the present share price of $203.3.
Spingarn expects Boeing to post earnings per share (EPS) of -$0.79 for the fourth quarter of 2020.
The current consensus among 19 TipRanks analysts is for a Moderate Buy rating of shares in Boeing, with an average price target of $197.06.
The analysts price targets range from a high of $306 to a low of $137.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $14.14 billion and a net profit of -$495 million. The company's market cap is $114.77 billion.
According to TipRanks.com, Credit Suisse analyst Robert Spingarn is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.2% and a 64.24% success rate.
The Boeing Co . is an aerospace company, which engages in the manufacture of commercial jetliners and defense, space and security systems. It operates through the following segments: Commercial Airplanes; Defense, Space and Security; Global Services; and Boeing Capital. The Commercial Airplanes segment includes the development, production, and market of commercial jet aircraft and provides fleet support services, principally to the commercial airline industry worldwide. The Defense, Space and Security segment refers to the research, development, production and modification of manned and unmanned military aircraft and weapons systems for global strike, including fighter and combat rotorcraft aircraft and missile systems; global mobility, including tanker, rotorcraft and tilt-rotor aircraft; and airborne surveillance and reconnaissance, including command and control, battle management and airborne anti-submarine aircraft. The Global Services segment provides services to commercial and defense customers. The Boeing Capital segment seeks to ensure that Boeing customers have the financing they need to buy and take delivery of their Boeing product and manages overall financing exposure. The company was founded by William Edward Boeing on July 15, 1916 and is headquartered in Chicago, IL.