Report
Chris Higgins
EUR 100.00 For Business Accounts Only

China Tariffs Apply to Older 737s but Newer 737 MAX Might Be Spared, Minimizing Possible Impact

China unveiled another list of possible tariffs for U.S. products and for the first time, the proposed tariffs target U.S.-manufactured commercial jets. Over the next two decades we expect China to account for an average of about 20% of Boeing’s annual deliveries each year. Naturally, the inclusion of Boeing aircraft is disconcerting for investors. Wide-moat Boeing is down on the back of the tariff news and is now triggering our 3-star rating, indicating that the stock is fairly valued. The othe...
Underlying
BOEING COMPANY (THE)

The Boeing is an aerospace firm. The company's segments include: Commercial Airplanes, which develops, produces and markets commercial jet aircraft and provides fleet support services, mainly to the commercial airline industry; Defense, Space and Security, which engages in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for strike, surveillance and mobility, vertical lift, and commercial derivative aircraft; Global Services, which provides supply chain and logistics management, pilot and maintenance training systems and services, and data analytics and digital services; and Boeing Capital, which manages overall financing exposure.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Chris Higgins

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch