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United Continental Holdings (NYSE:UAL)‘s stock had its “outperform” rating reiterated by equities research analysts at Raymond James in a research note issued to investors on Friday. They currently have a $55.00 target price on the stock, up from their previous target price of $50.00. Raymond James’ price objective indicates a potential upside of 17.57% from the company’s current price.

Shares of United Continental Holdings (NYSE:UAL) traded up 4.14% during mid-day trading on Friday, hitting $46.78. The stock had a trading volume of 11,748,465 shares. United Continental Holdings has a 1-year low of $27.32 and a 1-year high of $49.28. The stock’s 50-day moving average is $43.45 and its 200-day moving average is $43.98. The company has a market cap of $17.473 billion and a P/E ratio of 44.52. United Continental Holdings also was the recipient of unusually large options trading on Thursday. Traders acquired 35,266 call options on the company. This is an increase of approximately 123% compared to the average daily volume of 15,810 call options.

United Continental Holdings (NYSE:UAL) last issued its quarterly earnings data on Thursday, July 24th. The company reported $2.34 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.16 by $0.18. The company had revenue of $10.30 billion for the quarter, compared to the consensus estimate of $10.31 billion. During the same quarter in the prior year, the company posted $1.35 earnings per share. The company’s quarterly revenue was up 3.3% on a year-over-year basis. Analysts expect that United Continental Holdings will post $4.28 EPS for the current fiscal year.

In other United Continental Holdings news, COO Gregory L. Hart unloaded 1,040 shares of the stock on the open market in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $45.73, for a total transaction of $47,559.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

UAL has been the subject of a number of other recent research reports. Analysts at CRT Capital reiterated a “buy” rating on shares of United Continental Holdings in a research note on Friday. They now have a $54.00 price target on the stock, up previously from $49.00. Separately, analysts at Cowen and Company raised their price target on shares of United Continental Holdings from $50.00 to $52.00 in a research note on Friday. They now have an “outperform” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of United Continental Holdings in a research note on Monday, July 14th. They now have a $48.00 price target on the stock. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $49.10.

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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