Shares of United Continental Holdings Inc. (NYSE:UAL) shot up 4.9% during trading on Friday . The stock traded as high as $48.22 and last traded at $48.17, with a volume of 2,834,715 shares. The stock had previously closed at $45.90.

Several brokerages recently commented on UAL. Cowen and Company reaffirmed a “buy” rating on shares of United Continental Holdings in a report on Saturday, April 23rd. Stephens reaffirmed a “hold” rating on shares of United Continental Holdings in a report on Saturday, April 23rd. Deutsche Bank AG reiterated a “hold” rating on shares of United Continental Holdings in a research report on Saturday, April 9th. Zacks Investment Research downgraded United Continental Holdings from a “hold” rating to a “strong sell” rating in a research report on Thursday, June 16th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and set a $66.50 target price on shares of United Continental Holdings in a research report on Tuesday, April 12th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $65.90.

The company has a market cap of $15.61 billion and a P/E ratio of 2.65. The firm has a 50 day moving average of $44.52 and a 200 day moving average of $49.22.

United Continental Holdings (NYSE:UAL) last announced its quarterly earnings results on Tuesday, July 19th. The company reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.44 by $0.17. The company had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.36 billion. During the same period in the prior year, the business posted $3.31 earnings per share. Equities analysts predict that United Continental Holdings Inc. will post $8.02 EPS for the current fiscal year.

Several large investors have bought and sold shares of the stock. American International Group Inc. boosted its stake in United Continental Holdings by 3.4% in the fourth quarter. American International Group Inc. now owns 146,524 shares of the company’s stock worth $8,395,000 after buying an additional 4,773 shares during the period. BlackRock Investment Management LLC boosted its stake in United Continental Holdings by 2.8% in the fourth quarter. BlackRock Investment Management LLC now owns 2,171,857 shares of the company’s stock worth $124,447,000 after buying an additional 58,995 shares during the period. BlackRock Advisors LLC boosted its stake in United Continental Holdings by 20.1% in the fourth quarter. BlackRock Advisors LLC now owns 3,262,289 shares of the company’s stock worth $186,929,000 after buying an additional 546,342 shares during the period. Westfield Capital Management Co. LP boosted its stake in United Continental Holdings by 3.5% in the fourth quarter. Westfield Capital Management Co. LP now owns 3,444,077 shares of the company’s stock worth $197,346,000 after buying an additional 117,266 shares during the period. Finally, Employees Retirement System of Texas acquired a new stake in United Continental Holdings during the fourth quarter worth approximately $1,490,000.

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 an average of approximately 5,000 flights a day to over 340 airports across six continents 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.

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