Shares of United Continental Holdings Inc (NASDAQ:UAL) have received an average recommendation of “Buy” from the twenty ratings firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $101.69.

A number of analysts have weighed in on the stock. BidaskClub downgraded shares of United Continental from a “hold” rating to a “sell” rating in a research report on Wednesday, March 27th. Buckingham Research raised their price objective on United Continental from $109.00 to $111.00 and gave the company a “buy” rating in a research note on Wednesday, April 17th. Cowen restated a “market perform” rating and set a $99.00 price objective (up from $97.00) on shares of United Continental in a research note on Wednesday, April 17th. Standpoint Research cut United Continental from a “buy” rating to a “hold” rating in a research note on Friday, February 22nd. Finally, Imperial Capital restated an “underperform” rating and set a $81.00 price objective (up from $78.00) on shares of United Continental in a research note on Thursday, April 18th.

Shares of NASDAQ:UAL traded up $0.60 during midday trading on Thursday, hitting $82.95. 22,931 shares of the company’s stock traded hands, compared to its average volume of 3,211,052. The company has a current ratio of 0.50, a quick ratio of 0.43 and a debt-to-equity ratio of 1.85. The firm has a market capitalization of $21.67 billion, a price-to-earnings ratio of 9.03, a PEG ratio of 0.35 and a beta of 0.99. United Continental has a twelve month low of $67.72 and a twelve month high of $97.85.

United Continental (NASDAQ:UAL) last posted its earnings results on Tuesday, April 16th. The transportation company reported $1.15 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.21. The business had revenue of $9.59 billion for the quarter, compared to analyst estimates of $9.62 billion. United Continental had a net margin of 5.43% and a return on equity of 28.41%. The business’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.50 EPS. On average, analysts predict that United Continental will post 11.14 earnings per share for the current year.

In related news, COO Gregory L. Hart sold 5,000 shares of United Continental stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $89.66, for a total value of $448,300.00. Following the completion of the sale, the chief operating officer now owns 22,087 shares of the company’s stock, valued at approximately $1,980,320.42. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.40% of the company’s stock.

A number of hedge funds have recently bought and sold shares of UAL. Kore Private Wealth LLC bought a new stake in United Continental in the 1st quarter worth approximately $26,000. Castle Rock Wealth Management LLC bought a new stake in United Continental in the 1st quarter worth approximately $15,876,000. BlueCrest Capital Management Ltd bought a new stake in United Continental in the 1st quarter worth approximately $505,000. HighTower Advisors LLC lifted its position in United Continental by 5.4% in the 1st quarter. HighTower Advisors LLC now owns 38,640 shares of the transportation company’s stock worth $3,083,000 after buying an additional 1,969 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. lifted its position in United Continental by 2.7% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 11,815 shares of the transportation company’s stock worth $953,000 after buying an additional 314 shares during the last quarter. 98.11% of the stock is owned by institutional investors and hedge funds.

About United Continental

United Continental Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, the Middle East, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2018, the company operated a fleet of 1,329 aircraft.

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Analyst Recommendations for United Continental (NASDAQ:UAL)

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