Latest news with #GavinParsons
Business Insider
30-05-2025
- Business
- Business Insider
UBS Remains a Buy on Boeing (BA)
In a report released today, Gavin Parsons from UBS maintained a Buy rating on Boeing (BA – Research Report), with a price target of $226.00. The company's shares closed today at $208.18. Confident Investing Starts Here: Parsons covers the Industrials sector, focusing on stocks such as Boeing, Booz Allen, and HEICO. According to TipRanks, Parsons has an average return of 4.6% and a 70.00% success rate on recommended stocks. In addition to UBS, Boeing also received a Buy from William Blair's Louie DiPalma in a report issued today. However, on May 16, Morgan Stanley reiterated a Hold rating on Boeing (NYSE: BA). The company has a one-year high of $209.66 and a one-year low of $128.88. Currently, Boeing has an average volume of 9.32M. Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BA in relation to earlier this year. Earlier this month, Brendan J. Nelson, the SVP, President, Boeing Global of BA sold 640.00 shares for a total of $132,019.20.
Business Insider
26-05-2025
- Business
- Business Insider
Positive Report for Boeing (BA) from UBS
UBS analyst Gavin Parsons upgraded Boeing (BA – Research Report) to a Buy today and set a price target of $226.00. The company's shares closed last Friday at $202.36. Confident Investing Starts Here: Parsons covers the Industrials sector, focusing on stocks such as Boeing, Booz Allen, and General Dynamics. According to TipRanks, Parsons has an average return of 4.0% and a 67.50% success rate on recommended stocks. In addition to UBS, Boeing also received a Buy from Barclays's David E. Strauss in a report issued on May 22. However, on May 16, Morgan Stanley reiterated a Hold rating on Boeing (NYSE: BA). BA market cap is currently $152.6B and has a P/E ratio of -11.28. Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BA in relation to earlier this year. Earlier this month, Brendan J. Nelson, the SVP, President, Boeing Global of BA sold 640.00 shares for a total of $132,019.20.
CNBC
09-05-2025
- Business
- CNBC
Boeing gets a price target hike from UBS, which says the airplane maker can navigate tariff risk
Boeing shares could rally ahead as the aerospace giant is able to navigate the changing tariff environment, according to UBS. The bank raised its 12-month price target on the aerospace stock to $226 from $207, implying upside of 18% from Thursday's close. Analyst Gavin Parsons has a buy rating on Boeing. Parsons' target change comes after the U.S. unveiled the framework for a trade deal with the United Kingdom . While details are sparse, the agreement would keep a blanket 10% levy on British imports. BA YTD mountain BA YTD chart "Boeing has taken a proactive approach to addressing tariff risk, communicating that they will prioritize supply chain continuity over price negotiations / changing production schedules and quantifying the direct cost impact as < $500mn annually (full reciprocals, net of duty drawbacks)," he wrote. "We do not see tariffs materially impacting the [free cash flow] recovery; our $12.4bn 2027 free cash flow estimate incorporates a $500mn tariff impact," Parsons added. "We believe Boeing can fully absorb this impact and afford to support smaller suppliers financially should that supply chain support be needed, with higher MAX production the most significant driver of free cash flow in the model." To be sure, risks to Boeing's outlook include weaker air travel demand and supply chain issues, according to the analyst. "Supply chain issues have become less severe, but are entirely unpredictable and could lead to another delivery halt. Depending on the aircraft model and duration, this could drive lower cash flow, lower production rates, share loss to Airbus, and more, both near-term and long-term," he said. Boeing has gained 8% this year. Most analysts are bullish Boeing. Of the 29 who cover it, 20 rate it a buy or strong buy, according to LSEG.
