Analysts have stated that Boeing shares are undervalued and could be poised to climb by 35% over the next year or two, thanks to a big upturn in aircraft orders.
The April 18 Barron’s report says worries over the 787 delays and competition from China “appear to be misplaced” and “ignore a powerful upturn in the company’s order cycle.”
The stock is expected to rise to over $100 a share. Boeing shares currently trade around $72 a share.
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