United Continental Holdings Price Target Increased to $55.00 by Analysts at CRT Capital (UAL)
CRT Capital boosted their price target on shares of United Continental Holdings (NYSE:UAL) from $50.00 to $55.00 in a research note issued on Tuesday, Stock Ratings Network.com reports. The firm currently has a “buy” rating on the stock. CRT Capital’s target price suggests a potential upside of 23.32% from the stock’s previous close.
Shares of United Continental Holdings (NYSE:UAL) opened at 44.60 on Tuesday. United Continental Holdings has a 52-week low of $23.62 and a 52-week high of $46.19. The stock’s 50-day moving average is $38.63 and its 200-day moving average is $34.0. The company’s market cap is $16.139 billion.
United Continental Holdings (NYSE:UAL) last announced its earnings results on Thursday, October 24th. The company reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.60 by $0.09. The company had revenue of $10.20 billion for the quarter, compared to the consensus estimate of $10.30 billion. During the same quarter in the previous year, the company posted $1.35 earnings per share. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. On average, analysts predict that United Continental Holdings will post $2.56 earnings per share for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG downgraded shares of United Continental Holdings from a “hold” rating to a “sell” rating in a research note to investors on Friday. Separately, analysts at Imperial Capital raised their price target on shares of United Continental Holdings from $42.00 to $49.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Finally, analysts at Atlantic Securities initiated coverage on shares of United Continental Holdings in a research note to investors on Wednesday, January 8th. They set an “overweight” rating on the stock. Five research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company. United Continental Holdings has an average rating of “Hold” and a consensus target price of $37.09.
United Continental Holdings, Inc (NYSE:UAL) is a holding company and its principal, wholly owned subsidiaries are United Air Lines, Inc (United) and Continental Airlines, Inc (Continental).
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