United Continental Holdings Inc. (NYSE:UAL)’s share price 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.

Several brokerages have commented on UAL. Credit Suisse Group AG reissued an “underweight” rating on shares of United Continental Holdings in a research report on Saturday, June 25th. Cowen and Company reissued an “outperform” rating on shares of United Continental Holdings in a research report on Thursday, August 11th. Zacks Investment Research cut shares of United Continental Holdings from a “hold” rating to a “strong sell” rating in a research report on Thursday, June 16th. Vetr raised shares of United Continental Holdings from a “hold” rating to a “strong-buy” rating and set a $60.67 price target on the stock in a research report on Monday, May 23rd. Finally, Morgan Stanley reissued a “buy” rating and set a $57.00 price target on shares of United Continental Holdings in a research report on Sunday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have assigned a buy rating to the company’s stock. United Continental Holdings has an average rating of “Buy” and an average target price of $64.47.

The stock has a 50-day moving average price of $46.52 and a 200 day moving average price of $49.31. The firm has a market cap of $15.33 billion and a PE ratio of 2.60.

United Continental Holdings (NYSE:UAL) last issued its quarterly earnings data on Tuesday, July 19th. The company reported $2.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.44 by $0.17. During the same quarter in the prior year, the business earned $3.31 earnings per share. The business had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.36 billion. Equities research analysts expect that United Continental Holdings Inc. will post $7.99 earnings per share for the current year.

Other hedge funds and institutional investors have recently added to or reduced their stakes in the company. Employees Retirement System of Texas purchased a new position in United Continental Holdings during the fourth quarter valued at $1,490,000. Trexquant Investment LP purchased a new position in United Continental Holdings during the fourth quarter valued at $1,084,000. Finally, US Bancorp DE boosted its position 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 period.

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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