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Boeing shares have more room to fly in 2018: analysts

Reuters 

By Rachit Vats(Reuters) - Rising demand for jet sales pushed Boeing Co's stock to the top of the Dow Jones Industrial Average in 2017, and record cash flow to fuel projects, sustain dividends and buy back shares could give it another bumper year, analysts said.After a resurgence in jet sales driven by a solid global economy and with most of its production issues behind it, Boeing has found itself flush with record free cash flow - a profitability measure widely watched by investors for industrial stocks."We believe Boeing shares are still moderately undervalued, particularly if the company ...

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First Published: Tue, January 09 2018. 22:05 IST
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