Time for Investors to Take the Plunge on The Boeing Company (NYSE:BA)

Equity Research firms currently have a positive stance on shares of The Boeing Company (NYSE:BA). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.40. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $148.27 on a short term basis.

At the time of writing, the stock was trading at $132.02. This represents a change from the opening price of -0.56%. In terms of performance, year to date, the stock is -6.07%. The monthly stock performance comes in at 1.91%. For the quarter, shares are performing at 5.12%. Weekly performance analysis shows the equity at 1.39%.

In taking a look at technical levels, shares are trading 0.28% away from the 50 day simple moving average and 3.15% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -10.06% away from it’s 52- week high and 31.44% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, The Boeing Company’s RSI stands at 55.22. In looking at volatility levels, the shares saw weekly volatility of 1.39% and 1.37% over the past month.

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