United Continental Holdings, Inc. (NYSE:UAL)‘s stock had its “equal weight” rating restated by stock analysts at Stephens in a research report issued to clients and investors on Thursday. They presently have a $65.00 target price on the transportation company’s stock, down from their previous target price of $80.00. Stephens’ price objective suggests a potential upside of 10.96% from the company’s previous close.

A number of other brokerages have also weighed in on UAL. ValuEngine upgraded shares of United Continental Holdings from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. UBS AG restated a “buy” rating and issued a $103.00 price objective (up from $95.00) on shares of United Continental Holdings in a report on Friday, June 9th. Morgan Stanley restated an “equal weight” rating and issued a $85.00 price objective (up from $80.00) on shares of United Continental Holdings in a report on Thursday, July 13th. Citigroup Inc. boosted their price objective on shares of United Continental Holdings from $78.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, July 13th. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $86.00 price objective on shares of United Continental Holdings in a report on Thursday, July 13th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $84.62.

United Continental Holdings (NYSE UAL) traded down 2.90% during trading on Thursday, hitting $58.58. The stock had a trading volume of 6,936,547 shares. The company has a market capitalization of $17.82 billion, a P/E ratio of 8.09 and a beta of 1.06. The stock’s 50-day moving average price is $66.27 and its 200-day moving average price is $72.48. United Continental Holdings has a 1-year low of $49.28 and a 1-year high of $83.04.

United Continental Holdings (NYSE:UAL) last announced its quarterly earnings data on Tuesday, July 18th. The transportation company reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.31 by $0.44. United Continental Holdings had a net margin of 6.09% and a return on equity of 29.46%. The company had revenue of $10 billion during the quarter, compared to analyst estimates of $9.95 billion. During the same period in the previous year, the business earned $2.61 EPS. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. Analysts expect that United Continental Holdings will post $7.51 earnings per share for the current year.

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In other news, EVP Gregory L. Hart sold 3,000 shares of the business’s stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $76.83, for a total transaction of $230,490.00. Following the completion of the sale, the executive vice president now owns 28,369 shares of the company’s stock, valued at approximately $2,179,590.27. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.27% of the company’s stock.

Several hedge funds have recently modified their holdings of UAL. MCF Advisors LLC grew its position in shares of United Continental Holdings by 0.9% during the 2nd quarter. MCF Advisors LLC now owns 1,529 shares of the transportation company’s stock valued at $115,000 after acquiring an additional 13 shares during the period. Oppenheimer Asset Management Inc. bought a new stake in shares of United Continental Holdings during the 1st quarter valued at $122,000. FNY Partners Fund LP grew its position in shares of United Continental Holdings by 2,073.9% during the 1st quarter. FNY Partners Fund LP now owns 2,000 shares of the transportation company’s stock valued at $141,000 after acquiring an additional 1,908 shares during the period. TrimTabs Asset Management LLC grew its position in shares of United Continental Holdings by 88.9% during the 1st quarter. TrimTabs Asset Management LLC now owns 2,074 shares of the transportation company’s stock valued at $147,000 after acquiring an additional 976 shares during the period. Finally, Sun Life Financial INC grew its position in shares of United Continental Holdings by 18,645.5% during the 2nd quarter. Sun Life Financial INC now owns 2,062 shares of the transportation company’s stock valued at $155,000 after acquiring an additional 2,051 shares during the period. 97.70% of the stock is owned by hedge funds and other institutional investors.

About United Continental Holdings

United Continental Holdings, Inc (UAL) is a holding company and its principal subsidiary is United Air Lines, Inc (United). The Company transports people and cargo through its mainline operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. The Company, through United and its regional carriers, operates flights from its hubs at Newark Liberty International Airport (Newark Liberty), Chicago O’Hare International Airport (Chicago O’Hare), Denver International Airport (Denver), George Bush Intercontinental Airport (Houston Bush), Los Angeles International Airport (LAX), A.B.

Analyst Recommendations for United Continental Holdings (NYSE:UAL)

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