Public Sector Pension Investment Board increased its stake in Boeing by 14.6% to 65,904 shares, now valued at approximately $14.22 million. This comes as Boeing reported strong quarterly earnings with an EPS of $9.92 against an expected -$0.40, and revenue growing 57.1% year-over-year. Despite a consensus price target of $246.14 from analysts, who give the stock a “Moderate Buy” rating, the company is still expected to post a negative EPS for the current year.
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Public Sector Pension Investment Board Raises Position in The Boeing Company $BA
Public Sector Pension Investment Board increased its stake in Boeing by 14.6% to 65,904 shares, now valued at approximately $14.22 million. This comes as Boeing reported strong quarterly earnings with an EPS of $9.92 against an expected -$0.40, and revenue growing 57.1% year-over-year. Despite a consensus price target of $246.14 from analysts, who give the stock a “Moderate Buy” rating, the company is still expected to post a negative EPS for the current year.