Canaccord Genuity Maintains $350 Price Target On Boeing (BA), Maintains Hold Rating; Valero Energy Partners LP (VLP) Covered By 11 Bulls

April 26, 2018 - By Clifton Ray

The Boeing Company (NYSE:BA) Logo

The broker have set target price per share of $350 on Boeing (NYSE:BA) shares. This is 1.68% from the last stock price. In a report issued to clients and investors on 26 April, Canaccord Genuity reiterated their Hold rating on shares of BA.

Among 15 analysts covering Valero Energy Partners LP (NYSE:VLP), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Valero Energy Partners LP had 45 analyst reports since August 6, 2015 according to SRatingsIntel. Mizuho maintained Valero Energy Partners LP (NYSE:VLP) rating on Friday, October 27. Mizuho has “Buy” rating and $53.0 target. On Wednesday, January 24 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by Citigroup with “Neutral” on Tuesday, March 27. The rating was maintained by Barclays Capital on Monday, February 5 with “Equal-Weight”. The company was maintained on Thursday, October 26 by SunTrust. The rating was upgraded by ValuEngine to “Buy” on Friday, May 26. Barclays Capital maintained Valero Energy Partners LP (NYSE:VLP) rating on Friday, August 7. Barclays Capital has “Overweight” rating and $60 target. On Monday, March 26 the stock rating was maintained by Mizuho with “Buy”. Jefferies maintained the shares of VLP in report on Monday, October 16 with “Buy” rating. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Friday, January 6 report. See Valero Energy Partners LP (NYSE:VLP) latest ratings:

22/04/2018 Broker: SunTrust Rating: Buy New Target: $48.0000 Maintain
20/04/2018 Broker: Deutsche Bank Rating: Buy New Target: $46 Initiates Coverage On
17/04/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $47 New Target: $41 Maintain
27/03/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $46.5 New Target: $37 Maintain
26/03/2018 Broker: Mizuho Rating: Buy Maintain
13/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $54 New Target: $50 Maintain
05/02/2018 Broker: SunTrust Rating: Buy New Target: $50.0 Maintain
05/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $49 New Target: $47 Maintain
24/01/2018 Broker: Jefferies Rating: Buy New Target: $52.0 Maintain
17/01/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Equal-Weight Downgrade

The stock decreased 0.77% or $0.31 during the last trading session, reaching $40.2. About 42,322 shares traded. Valero Energy Partners LP (NYSE:VLP) has declined 26.85% since April 26, 2017 and is downtrending. It has underperformed by 38.40% the S&P500.

Valero Energy Partners LP owns, operates, develops, and acquires crude oil and refined petroleum products pipelines, terminals, and other transportation and logistics assets in the United States. The company has market cap of $2.84 billion. The Company’s assets consists of the Port Arthur logistics system, the McKee logistics system, the Memphis logistics system, the Three Rivers logistics system, the Ardmore logistics system, the Houston logistics system, the St. It has a 14.49 P/E ratio. Charles logistics system, the Corpus Christi logistics system, and the Meraux logistics system located in the Gulf Coast and Mid-Continent regions of the United States.

Investors sentiment increased to 0.9 in 2017 Q4. Its up 0.01, from 0.89 in 2017Q3. It increased, as 10 investors sold Valero Energy Partners LP shares while 31 reduced holdings. 17 funds opened positions while 20 raised stakes. 19.75 million shares or 1.81% less from 20.12 million shares in 2017Q3 were reported. 6,904 were accumulated by Neuberger Berman Ltd. Commonwealth Of Pennsylvania School Empls Retrmt Sys holds 0.05% or 81,172 shares in its portfolio. Northwestern Mutual Wealth Management holds 749 shares. Cohen & Steers invested in 4,964 shares. Savings Bank Of Ny Mellon reported 0% of its portfolio in Valero Energy Partners LP (NYSE:VLP). Center Coast Capital Advsrs L P holds 0.54% in Valero Energy Partners LP (NYSE:VLP) or 451,855 shares. Stifel Financial Corp holds 0% of its portfolio in Valero Energy Partners LP (NYSE:VLP) for 10,084 shares. Cadence Cap Mgmt accumulated 113,581 shares. Mai Capital Management owns 0.38% invested in Valero Energy Partners LP (NYSE:VLP) for 150,119 shares. Bancorporation Of Nova Scotia has 5,868 shares. Conning has 0.02% invested in Valero Energy Partners LP (NYSE:VLP). Nelson Van Denburg & Campbell Wealth Management Group Ltd Llc accumulated 3,039 shares. Goldman Sachs Gp owns 0.05% invested in Valero Energy Partners LP (NYSE:VLP) for 4.60 million shares. Silvercrest Asset Management Grp Limited Liability Corporation owns 282,031 shares. 772,500 were accumulated by Bamco Incorporated New York.

Among 26 analysts covering Boeing (NYSE:BA), 19 have Buy rating, 1 Sell and 6 Hold. Therefore 73% are positive. Boeing has $470.0 highest and $125 lowest target. $344.05’s average target is -0.05% below currents $344.23 stock price. Boeing had 112 analyst reports since August 26, 2015 according to SRatingsIntel. RBC Capital Markets initiated The Boeing Company (NYSE:BA) on Thursday, January 12 with “Underperform” rating. The stock of The Boeing Company (NYSE:BA) earned “Buy” rating by Argus Research on Thursday, April 28. Wells Fargo maintained the shares of BA in report on Tuesday, December 12 with “Hold” rating. The stock of The Boeing Company (NYSE:BA) has “Overweight” rating given on Thursday, June 23 by Morgan Stanley. Canaccord Genuity maintained The Boeing Company (NYSE:BA) on Wednesday, July 26 with “Hold” rating. The company was maintained on Monday, January 8 by Jefferies. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, September 3. The firm earned “Hold” rating on Wednesday, October 18 by Canaccord Genuity. As per Tuesday, October 24, the company rating was maintained by Credit Suisse. The stock has “Buy” rating by Bank of America on Tuesday, December 12.

The stock increased 0.40% or $1.37 during the last trading session, reaching $344.23. About 3.50 million shares traded. The Boeing Company (NYSE:BA) has risen 82.35% since April 26, 2017 and is uptrending. It has outperformed by 70.80% the S&P500.

Investors sentiment decreased to 0.79 in 2017 Q4. Its down 0.02, from 0.81 in 2017Q3. It turned negative, as 65 investors sold The Boeing Company shares while 614 reduced holdings. 148 funds opened positions while 391 raised stakes. 373.50 million shares or 9.30% less from 411.79 million shares in 2017Q3 were reported. Linscomb And Williams reported 0.5% stake. Moreover, National Asset Mngmt Incorporated has 0.4% invested in The Boeing Company (NYSE:BA). Mairs & Pwr Inc invested in 3,843 shares or 0.01% of the stock. Narwhal reported 18,550 shares. Td Asset Management holds 0.48% of its portfolio in The Boeing Company (NYSE:BA) for 1.12 million shares. Community National Bank & Trust Na reported 4,464 shares. Marietta Inv Prns Ltd Liability Com reported 0.32% in The Boeing Company (NYSE:BA). Community Grp Ltd holds 4.43% or 38,730 shares in its portfolio. 32,712 were reported by L And S Advsrs. Syntal Prns Ltd Limited Liability Company reported 0.59% in The Boeing Company (NYSE:BA). Fukoku Mutual Life Ins holds 1.67% or 37,500 shares in its portfolio. Bridgeway Capital holds 0.18% of its portfolio in The Boeing Company (NYSE:BA) for 56,805 shares. Manchester Cap Management Limited Company, a Vermont-based fund reported 5,538 shares. Cohen Cap Mgmt Inc invested in 1,080 shares or 0.07% of the stock. Tortoise Inv Ltd Liability invested 0.02% of its portfolio in The Boeing Company (NYSE:BA).

The Boeing Company, together with its subsidiaries, designs, develops, makes, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company has market cap of $202.14 billion. It operates in five divisions: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. It has a 25.63 P/E ratio. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements; and provides related support services to the commercial airline industry.

The Boeing Company (NYSE:BA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


>