Summary:
- Boeing (BA, Financial) is planning to open bidding for its Jeppesen subsidiary, aiming for up to $9 billion in proceeds.
- Key potential bidders include Honeywell and private equity firms like Carlyle and Vista Equity.
- Wall Street Analysts provide a mixed outlook on Boeing's stock with an average price target of $200.10.
Boeing (BA) is poised to initiate a competitive bidding process for its renowned navigation subsidiary, Jeppesen. This strategic move is anticipated to generate substantial interest, with the company aiming to garner between $8 billion and $9 billion from the sale. Among the prominent potential bidders are industry giant Honeywell (HON), investment firm Carlyle (CG), and several leading private equity groups, notably Vista Equity and Warburg Pincus. However, whether Honeywell and Carlyle will advance to the final offer stage remains uncertain. Investors can expect the commencement of this bidding process in the weeks ahead, potentially impacting Boeing's financial landscape.
Wall Street Analysts Forecast
Market analysts have provided their one-year price targets for Boeing Co (BA, Financial), with insights from 23 seasoned analysts. The average target price is projected at $200.10, while estimates span from a bullish high of $250.00 to a cautious low of $113.00. This average price projection suggests a potential upside of 15.46% when compared to the current trading price of $173.31. For further detailed analysis and projections, the Boeing Co (BA) Forecast page offers comprehensive data.
Additionally, consensus data from 28 brokerage firms positions Boeing Co's (BA, Financial) average brokerage recommendation at 2.2, categorized as "Outperform." This rating scale operates from 1 to 5, where a score of 1 reflects a Strong Buy, and a score of 5 indicates a Sell. This “Outperform” rating suggests a favorable outlook on Boeing’s market performance.
According to GuruFocus estimates, the projected GF Value for Boeing Co (BA, Financial) over the next year is assessed at $186.85. This estimate outlines a potential upside of 7.81% from the present price of $173.31. The GF Value is a crucial metric, reflecting the fair value at which the stock ought to be traded. It is meticulously calculated by analyzing historical trading multiples, past business growth, and projections of future business performance. Investors seeking more in-depth information should visit the Boeing Co (BA) Summary page for extensive data insights.
