Following a solid presentation at the Paris Air Show, Argus Research analysts boosted the price target on aerospace giant The Boeing Company (BA) on Tuesday.
The analysts now see shares of BA reaching $115. This new price target suggests an 18% upside to the stock’s Monday closing price of $97.85.
Boeing shares were up $1.17, or 1.20%, during morning trading on Tuesday. The stock is up 31.61% year-to-date.
The Bottom Line
Shares of Boeing (BA) have a dividend yield of 1.95% based on Tuesday’s intraday trading price of $99.31 and the company’s annualized dividend payout of $1.94 per share.
The Boeing Company (BA) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.