Shares of United Continental Holdings Inc (NYSE:UAL) have earned an average rating of “Buy” from the eighteen brokerages that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $99.47.
UAL has been the subject of a number of analyst reports. Barclays boosted their price target on United Continental from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, November 15th. Bank of America boosted their price objective on United Continental from $94.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, October 10th. Macquarie set a $91.00 price objective on United Continental and gave the stock a “hold” rating in a research note on Monday, October 8th. Stephens raised United Continental from an “equal weight” rating to an “overweight” rating and set a $112.00 price objective on the stock in a research note on Thursday, October 18th. Finally, Imperial Capital boosted their price objective on United Continental from $91.00 to $101.00 and gave the stock an “inline” rating in a research note on Thursday, October 18th.
In other United Continental news, Director Edward Shapiro purchased 25,000 shares of the stock in a transaction dated Tuesday, December 4th. The shares were acquired at an average price of $92.92 per share, for a total transaction of $2,323,000.00. Following the completion of the acquisition, the director now owns 152,707 shares of the company’s stock, valued at approximately $14,189,534.44. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.32% of the company’s stock.
NYSE:UAL opened at $81.37 on Friday. United Continental has a 12-month low of $60.44 and a 12-month high of $97.85.
United Continental (NYSE:UAL) last released its quarterly earnings data on Tuesday, October 16th. The transportation company reported $3.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $3.07 by ($0.01). The company had revenue of $11 billion during the quarter, compared to analyst estimates of $10.95 billion. During the same period in the prior year, the company earned $2.22 EPS. United Continental’s revenue for the quarter was up 11.2% on a year-over-year basis.
United Continental Company Profile
United Continental Holdings, Inc, together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2017, the company operated a fleet of 1,262 aircraft.
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