Analysts Bullish on Boeing and Grupo Aeroportuario del Pacifico
Analysts are expressing optimism about the Industrial Goods sector, with bullish outlooks on Boeing (BA) and Grupo Aeroportuario del Pacifico SAB de CV (GPAEF).
Douglas Harned from Bernstein maintained a Buy rating on Boeing, setting a price target of $298.00. The stock closed last Friday at $193.56, near its 52-week high of $196.95. Harned, a 4-star analyst with a 9.3% average return, covers industrial goods stocks. The broader analyst consensus for Boeing is a Strong Buy, with an average price target of $272.00, suggesting a 40.3% upside. Wells Fargo also maintained a Buy rating, with a $250.00 target.
Grupo Aeroportuario del Pacifico SAB de CV received a Buy rating and a peso480.00 price target from HSBC analyst Cenk Orcan. The shares closed at $19.32, close to their 52-week high of $20.08. The current analyst consensus for GPAEF is a Strong Buy, with an average price target of $26.28.
Both companies are seeing positive sentiment from analysts, indicating potential growth opportunities in the industrial goods sector.