Boeing and Air Canada Get Boost from Analysts with Strong Buy Ratings

Analysts are optimistic about two industrial goods stocks: Boeing (BA) and Air Canada (ACDVF). In separate reports, Noah Poponak from Goldman Sachs and Daryl Young from Stifel Nicolaus maintained buy ratings on the companies.

Poponak, a 4-star analyst with an average return of 7.5% and a 53.8% success rate, set a price target of $277.00 for Boeing. The company's shares closed last Wednesday at $229.68. The current consensus on Boeing is a Strong Buy, with an average price target of $274.67 representing a 17.2% upside.

Young has been bullish on Air Canada since July 29, when he upgraded the stock to buy with a C$28.00 price target. His average return when recommending Air Canada is 26.5%. The current consensus on Air Canada is Moderate Buy, with a price target consensus of $20.27 representing a 3.9% upside.