Shares of United Continental Holdings Inc. (NYSE:UAL) gapped up prior to trading on Tuesday . The stock had previously closed at $46.77, but opened at $46.95. United Continental Holdings shares last traded at $47.68, with a volume of 1,106,773 shares trading hands.

Several research firms have recently issued reports on UAL. Vetr lowered shares of United Continental Holdings from a “buy” rating to a “hold” rating and set a $45.50 price target on the stock. in a research report on Tuesday, May 17th. Bank of America Corp. reissued a “hold” rating and issued a $52.00 price target on shares of United Continental Holdings in a research report on Wednesday, July 20th. Imperial Capital began coverage on shares of United Continental Holdings in a research report on Tuesday. They issued an “outperform” rating and a $57.00 price target on the stock. Deutsche Bank AG raised shares of United Continental Holdings from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a research report on Tuesday, July 12th. Finally, Credit Suisse Group AG reissued an “underweight” rating on shares of United Continental Holdings in a research report on Saturday, June 25th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $64.78.

The firm’s 50 day moving average is $46.32 and its 200 day moving average is $49.32. The stock has a market capitalization of $15.31 billion and a price-to-earnings ratio of 2.60.

United Continental Holdings (NYSE:UAL) last released its earnings results on Tuesday, July 19th. The company reported $2.61 EPS for the quarter, topping analysts’ consensus estimates of $2.44 by $0.17. The firm had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.36 billion. During the same quarter in the previous year, the business posted $3.31 EPS. Equities analysts expect that United Continental Holdings Inc. will post $7.99 earnings per share for the current fiscal year.

Other large investors have recently added to or reduced their stakes in the company. Employees Retirement System of Texas purchased a new stake in United Continental Holdings during the fourth quarter worth approximately $1,490,000. Dimensional Fund Advisors LP boosted its stake in United Continental Holdings by 14.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,284,354 shares of the company’s stock valued at $73,595,000 after buying an additional 157,326 shares during the last quarter. Jennison Associates LLC boosted its stake in United Continental Holdings by 13.5% in the fourth quarter. Jennison Associates LLC now owns 1,531,025 shares of the company’s stock valued at $87,728,000 after buying an additional 181,967 shares during the last quarter. Trexquant Investment LP bought a new stake in United Continental Holdings during the fourth quarter valued at about $1,084,000. Finally, US Bancorp DE boosted its stake in United Continental Holdings by 5.0% in the fourth quarter. US Bancorp DE now owns 28,618 shares of the company’s stock valued at $1,640,000 after buying an additional 1,371 shares during the last quarter.

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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