United Continental Holdings Given Average Rating of “Buy” by Brokerages (NYSE:UAL)
United Continental Holdings (NYSE:UAL) has received a consensus recommendation of “Buy” from the twelve brokerages that are presently covering the stock, StockRatingsNetwork reports. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $51.33.
Shares of United Continental Holdings (NYSE:UAL) opened at 48.46 on Tuesday. United Continental Holdings has a 52-week low of $27.32 and a 52-week high of $49.52. The stock’s 50-day moving average is $44.95 and its 200-day moving average is $44.08. The company has a market cap of $18.103 billion and a P/E ratio of 27.48.
United Continental Holdings (NYSE:UAL) last posted its quarterly earnings results on Thursday, July 24th. The company reported $2.34 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $1.35 earnings per share. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. Analysts expect that United Continental Holdings will post $4.52 EPS for the current fiscal year.
UAL has been the subject of a number of recent research reports. Analysts at JPMorgan Chase & Co. upgraded shares of United Continental Holdings from a “neutral” rating to an “overweight” rating in a research note on Wednesday, July 30th. They now have a $60.50 price target on the stock, up previously from $43.50. Separately, analysts at Barclays raised their price target on shares of United Continental Holdings from $46.00 to $48.00 in a research note on Monday, July 28th. They now have an “underweight” rating on the stock. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of United Continental Holdings in a research note on Friday, July 25th. They now have a $55.00 price target on the stock, up previously from $50.00.
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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