Shares of United Continental Holdings Inc. (NYSE:UAL) were up 8.9% during trading on Tuesday . The company traded as high as $51.53 and last traded at $51.14, with a volume of 8,422,370 shares traded. The stock had previously closed at $46.95.

A number of analysts have commented on UAL shares. Vetr downgraded shares of United Continental Holdings from a “buy” rating to a “hold” rating and set a $47.40 price target on the stock. in a research report on Monday, May 9th. Morgan Stanley restated an “overweight” rating on shares of United Continental Holdings in a research report on Wednesday, June 15th. Zacks Investment Research downgraded shares of United Continental Holdings from a “hold” rating to a “strong sell” rating in a research report on Thursday, June 16th. Credit Suisse Group AG restated an “underweight” rating on shares of United Continental Holdings in a research report on Saturday, June 25th. Finally, Deutsche Bank AG upgraded 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. One analyst has rated the stock with a sell rating, three have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $64.94.

The company has a market cap of $16.25 billion and a PE ratio of 2.75. The company’s 50-day moving average price is $47.44 and its 200 day moving average price is $49.36.

United Continental Holdings (NYSE:UAL) last issued its quarterly earnings data on Tuesday, July 19th. The company reported $2.61 EPS for the quarter, topping analysts’ consensus estimates of $2.44 by $0.17. During the same period in the prior year, the company earned $3.31 EPS. The company had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.36 billion. On average, analysts anticipate that United Continental Holdings Inc. will post $7.99 EPS for the current fiscal year.

A hedge fund recently bought a new stake in United Continental Holdings stock. Trexquant Investment LP acquired a new position in United Continental Holdings Inc. (NYSE:UAL) during the fourth quarter, according to its most recent filing with the SEC. The institutional investor acquired 18,922 shares of the company’s stock, valued at approximately $1,084,000.

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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